IDLE token improvement proposals

🗂 Proposals 💡 Ideas & Improvements
4

Hi @matus.eth, thanks for sharing your thoughts with us!

And glad to see @william and @Teo answers, I agree with the vision reported in their

I’d like to deep dive into the points you raised:

  1. Access exclusive pools via IDLE staking. Idle released 10+ tranches in 2023, and many others are in the pipeline. These products target sophisticated investors (e.g. Hedge Funds and HNWI), providing outperforming results compared to other market solutions. The priority access would amplify economic benefits for LPs, thus staking-based access would reward LPs that are also protocol owners.
    This approach would particularly fit leveraged strategies, where the max return is usually achieved once a few m$ is deployed.

  2. Safety Module, introduced by Aave, was mentioned in the initial conversation. The DAO voted for the Curve-like model (veTokenomics) and the staking infrastructure can’t be modified to support it.

  3. Staking for gas/fee rebate: both fees and gas can be included in a sharing mechanism, with the former representing a higher return for large players and the latter for retail.
    The cost to own IDLE might be higher than the actual gas rebate and this can create a barrier to entry for retail, while large deposits can benefit from a discount that generates positive ROI.

Keen to hear other ideas and identify the best ways to expand IDLE token utility :muscle:

4 Likes