The IIP aims to update the USDC and WETH Senior Best Yield’s underlying markets by adding Clearpool’s Fasanara (USDC) Yield Tranches and removing the Euler (WETH) Yield Tranches. It also includes the pause of the staking reward program for stkIDLE holders as part of the recent discussion about IDLE staking.
This action will complete the process of removal of the Euler Yield Tranches as the underlying markets for the DAI, USDC, USDT and WETH vaults.
Together with the on-chain changes, we will also remove the strategies from the Idle’s dApp. Depositors have successfully completed their redeems. The agEUR still deposited were burnt by Angle Money.
From a security perspective, it’s worth mentioning that up-today the WETH Best Yield vault couldn’t anyway deposit funds in the Euler underlying market, being all the Euler’s strategies deactivated.
Multiple proposals are being discussed on how to revamp the IDLE staking use cases. One of them has already been voted and can continue the on-chain voting process:
Pause the staking reward program for stkIDLE holders
Specifications
The code for the IIP-36 can be found on GitHub here and consists of nine actions.
IIP-36 actions:
1 action to remove Euler Yield Tranches from the Senior WETH Best Yield strategy
1 action to add Clearpool (Fasanara) Yield Tranches to the Senior USDC Best Yield strategy
4 actions to change the fees recipient addresses of the Senior BY strategies to the feeTreasury
3 actions to transfer the DAI, USDC and USDT fees from the feeCollector to the feeTreasury
The temperature checks for the above proposals have already been successfully closed. We are going to open the on-chain voting phase right after the publication of this Idle improvement proposal.
Cast your on-chain $IDLE vote here: 
End date: 
