PIP 32: PieDAO Balanced Crypto Pie

Following up from community discussions over the last couple weeks, I'd like to offer a proposal for a PieDAO Balanced Crypto Pie ($BCP), representing the broadest asset allocation available in any single token on the market.

The proposed Balanced Crypto Pie at launch would include the following allocation:

• Wrapped Bitcoin ($WBTC): 33.33%
• Ethereum ($ETH): 33.33%
• PieDAO DeFi++ Index ($DEFI++): 33.34%

Note 1: This approach would automatically include a broader DeFi allocation if and when the PieDAO DeFi++ Index is adjusted, such as to include MicroCaps along with the current LargeCaps and SmallCaps

Note 2: This approach is also flexible enough to include additional components if and when the community decides to add them, such as single tokens like $PAXG or other PieDao pies like a PieDAO Data Economy index.

Pie components and weights will ultimately be defined as per PieDAO governance in order to factor in the overall market output and best achieve this Pie's objective.

Below is a summary of the proposed starting allocations for the PieDAO Balanced Crypto Pie:

Below is the backtest performance for the proposed Pie from October 3, 2020, the first day when all underlying tokens were available, through November 18, 2020.

You can find the full spreadsheet here.

Credit to @MoolaManX for the proposed allocations (1/3 each), @alexintosh for the name, @gabo for the spreadsheet & proposal format, and @chris @mickdegraaf @williambrealey1 and others for feedback & discussion.

Forum Post and discussion: https://forum.piedao.org/t/pip-32-piedao-balanced-crypto-pie/270