# saganaki proposals for PieDAO 8/13/21 community call

## Money Market Pie

### Motivation

Currently the DeFi industry offers many different options to generate high yields, while taking on significant amounts of credit/contract/volatility risk. Compared to traditional finance, there isn't a standard place to safely park funds and earn the **diversified** current market interest rate rate, while being as risk free and liquid as possible.

The solution PieDAO can offer is to create "Money Market Pies", which can serve that purpose for investors. PieVaults are particularly well placed to offer such a solution, by offering a product that can safely pool assets, earn yield, and allow easy arbitrage for minimal NAV deviations, allowing for maximum price efficiency.

The opportunity is huge. Money Market Funds are a 4.6 trillion USD industry, with 31% of that being retail, and the rest institutional clients. Many DAOs are currently pivoting towards diversifying their treasuries, creating a natural demand for such a product. With institutional level of liquidity, retail can follow as an easy place to park your liquidity while your chips are off the table.

### Proposed Structure

Following community discussions in the forum, interest seems to be concentrated on creating two Pies with increasing risk profile:

- Safer Version: safest, only stables
- Prime Pie: less safe, include exposure to volatile pairs.

### Current Status

Waiting to hear more community feedback on investable products. The original idea of providing funds to Compound/AAVE was correctly pointed out as not offering enough value add to consumers. Would love to hear more from the community of the best strategic allocation for these two Pies.

Some questions to consider:
- Expand to other lending protocols?
- Expand to other strategies such as liquidity provision? Only in stables or include volatile pairs?
- Hold all positions directly with the underlying protocols, or use intermediaries like Yearn / Harvest / Visor?

## SCALE Pie

### Motivation

New Ethereum use cases continue to spring up, as the frenetic pace of innovation in DeFi and other industries comes to fruition. This has presented the protocol with its most significant challenge to date, as blocks are stuffed and gas fees begin to soar: How can Ethereum scale to serve the needs of its users? A new ecosystem of scaling solutions are being launched in order to provide the Ethereum blockchain the throughput necessary to serve as the world’s computer, and overcome the scalability trilemma.

The SCALE Pie seeks to offer diversified exposure to the most relevant and promising projects working in scaling solutions, providing investors an easy set-it-and-forget-it product. As these projects’ tokens gain adoption and investable opportunities arise, PieDAO’s PieVaults technology can take advantage of yield-generation protocols in DeFi to render your investment intrinsically productive, by allowing it to participate in liquidity provision and collateralized lending.