Full discussion can be found in this forum thread https://forum.piedao.org/t/pip-65-staking-rewards-compounding-to-vedough/1117
This proposal includes the Option to have veDOUGH as a form of reward distribution from DOUGH staking
A practical way to provide this veDOUGH compounding option starting from the first distribution occurring in November would be the following:
1) Any active DAO member willing to compound to veDOUGH could claim his/her SLICE, and send it to the DAO multisig
2) The DAO multisig would be whitelisted in the staking contract in order to be able staking DOUGH on behalf of 3rd parties, which would be receiving the corresponding amount of veDOUGH (36 months staked).
3) On a weekly basis, the core team would publish a SLICE/DOUGH conversion rate based on 3days average DOUGH price and SLICE NAV, and mint to each address sending in SLICE an equivalent amount of veDOUGH + some additional veDOUGH as a lump sum to cover the gas spent on the 2 transactions to claim and send the SLICE in