πŸ“… IdleGov Biweekly Update – 08/23/21 [BW19]

Key Metrics

  • Asset Under Management ($): 191M (+2%)
  • Governance Token Holders: 3,171 (+4%)

Forum Highlights

  • :incoming_envelope: 8 topic created
  • :bulb: 2 Temperature Check
  • :busts_in_silhouette: 23 new members
  • :desktop_computer: 8,200 pageviews
  • :+1: 266 likes

Weeks in review

There is no power for change greater than a community discovering what it cares about.

IIP-12 landed in the forum, embedding the changes approved by the Governance. The proposal enables $IDLE liquidity mining on idleRAI pool and lets FeeCollector manage accrued $RAI, removes Cream from idleRAI, and executes the transactions to fund the Leagues’ next mandate.

Previously, Governance voted, queued, and executed IIP-11, finalizing the Aave migration from v1 to v2.

During past weeks, the Governance opened the Leagues application window to allow community members to propose themselves for the different teams, with 4 suggested open positions.

Here you can check the current applications’ status for Treasury League, Dev League, and Communication & Marketing League.

Lastly, the Community Governance process has been updated to include the Voting Framework for stkIDLE Holders.

Next Steps

Here’re the next steps for the most promising initiatives:

  • IIP-12. Leagues will submit the on-chain proposal in the following days, as soon as Aave has enabled stkAAVE liquidity mining on the RAI pool.

  • Leagues’ applications voting phase. In the next few days, $IDLE token holders will vote on applicants to fill the available open roles. Check out the applications (TL, DL, C&ML) Get ready to vote!

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