PIP 17: LP Stakers get alternative governance token

Balance pool LPs who stake BPT get to liquidity mine some $DOUGH but do not get to participate in governance with $DOUGH so they can suffer IL and are excluded from governance :stuck_out_tongue:

I mentioned it in #governance-discussion in Discord.

Proposed tickers were
$pDOUGH, $COOKIE, $FLOUR, $CUTIEPIE, $DOUGH-P

:slight_smile:

Update for clearer rephrasing:

Alexintosh | PieDAOToday at 3:33 PM
You are proposing that LPs in the DOUGH pools receive a third token which will enable them to keep participating in governance while in the BPT right?

ericjuta Today at 3:34 PM
correct

1 Like

I want to rephase this so I can understand better.

You are proposing that LPs in the DOUGH pools receive a third token which will enable them to keep participating in governance, correct?

Updated OP

Makes sense to me. Was going to suggest $BAKE but seems like another project us using the ticker

Improving governance engagement would get a vote from me, although I can’t comment as to the risks/ ease of doing it.

Perhaps it should a bakery tool related ticker (function relating to governing function) so that we don’t over complicate with multiple food products.

$OVEN/ $CHEF etc Where the pies are made