The year 2020 has been focused on bootstrapping the initial community and building the infrastructure necessary to tokenize wealth creation.
The 2021 focus is growth, as defined in these three goals:
- Total Value Lockes: 10x increase TVL in the protocol
- Integrations: Pies have to be 2 clicks aways from major tools and distribution venues.
- A Pie in every active DeFi wallet.
While considered by many not-to-be the best metric out there, TVL is widely recognized as the easiest to understand metric to track a protocol success.
The main activities to exponentially increase TVL are the following:
- Have the best yield opportunity.
- Engage with liquidity partner.
- Create better incentives.
Point 1) it’s easy to understand, the better the yield generated by the product the more compelling is to use it.
Point 2) is about identifying and create partership with key liquidity providers in the industry.
ie: Top 10 largest CDP holders, Top liquidity providers in Compound, Framework, Hashed, Spartans, Three arrow capital, etc.
Point 3) is connected to the two above, only an effective product will benefit from liquidity incentives. It is clear that a reform on liquidity incentives has to happen as currently it’s not giving the desired outcome ever with large amount of DOUGH being used.
Key resources needed
- [ ] Stategist/Dev
- [ ] Business Developers
Integrations & Distributions venues
PieDAO products have to be available on widely used products and protocols in the DeFi Ecosystem. The definition of done for an integration should include every single pie, correctly listed with icons, description and price feed.
- [ ] Rainbow
- [ ] Dharma, see pr
- [ ] Trust
- [ ] imToken
- [ ] Coinbase Wallet
- [ ] 1inch
- [ ] Paraswap
- [ ] Zapper
- [ ] AAVE
- [ ] Compound
- [ ] Cream
- [ ] Bentoobox
- [ ] Opyn
- [ ] Hegic
- [ ] Matcha
- [ ] Uniswap
- [X] Sushiswap
- [X] Balancer
- [ ] DODO
- [ ] Binance
- [ ] Coinbase
- [ ] Kraken
- [ ] Gate io
- [ ] MCX
Tools and Dashboards
- [ ] Defipulse
- [ ] Defillma
- [ ] Coingecko
- [ ] Etherscan
Key resources needed
- [ ] Technical Support
- [ ] Business Developer
A Pie in every active DeFi wallet.
This point is voluntarely ambitious, as it should be. To move this goals forward it is mandatory that integrations happens quickly.
Getting pies in the hands of people requires coordinated efforts between removing point of friction and education on why people should care about owning pies (see the education section).
The number 1 point of friction to solve is the insufficient liquidity on Uniswap, deep liquidity on Uni will also facilitate users of Argent, Dharma, Raindow, Zerion and more to be able to use pies with familiar tools. Future incentives should be designed for it.