[IIP-25] M3-2022 Leagues budget, and $IDLE incentives distribution update

The IIP-25 consists of the 2 proposals already discussed and presented in the IIP-24. The IIP-24 hasn’t reached the quorum to be executed on-chain.

Specifications

The code for the IIP-25 can be found here .

Next steps

We will open the voting pools right after the publication of this post.

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On-chain Voting Phase

:writing_hand: Cast your on-chain $IDLE vote here: HERE
:spiral_calendar: End date: 2022-09-09T04:00:00Z

:writing_hand: $IDLE stakers (stkIDLE holders) can vote here: HERE
:spiral_calendar: End date: 2022-09-08T14:00:00Z

The threshold to make the off-chain poll valid (both metrics should be reached):

  • 20% of circulating stkIDLE voting the poll (min. 146,459 stkIDLE)
  • at least 70% on the same option.

The stkIDLE voting calculator will be used to calculate the final results.

Make sure you have been delegated to take part in this voting round.

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IIP Execution

IIP-25 passed with 1,608,950 $IDLE votes in favour and is now queued for execution :tada:

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