Voting results
IIP-24 hasn’t reached the quorum to be executed on-chain
The thresholds to make the off-chain poll valid (i.e. the stkIDLE pool) were:
- 30% of circulating stkIDLE voting the poll (min. 222,559 stkIDLE)
- at least 70% on the same option
stkIDLE votes collected 205k votes (corresponding to 313,584 IDLE votes), hence weren’t cast on-chain by the Leagues.
Next steps
There was a lower voting engagement for this IIP. Still, we can clearly see that the DAO agreed on the execution of the 2 proposals under vote (M3 Leagues budget and the update of the $IDLE incentives distribution). Hence, in a couple of days we will:
- Open the IIP-25 with the same proposals under vote
- Better summarize the two proposals to help an informed vote by IDLE holders
In the meantime, we are already working on fine-tuning the current Governance Mining program to better reward the active governance members of the DAO, you can join the discussion here → Idle DAO Governance Mining.
We will also promote meta-delegate initiatives like the ones recently published in the Governance from universities clubs such as the Blockchain Education Network and the UBC Blockchain.
Here’s a step-by-step guide on how to delegate your IDLE votes before the launch of the next IIP 