Leagues budget M1-2022 extension

Author

Treasury League: @Biaf

Background


Summary

Extending the $IDLE budget of the current M1-2022 mandate (Jan-Mar 2022) to refund the Ethereum B2B affiliation program and Idle grant rewards.

Details

Starting from January 2022, Leagues paid out around 24.000 $IDLE to reward B2B partners and developers.

These rewards exceeded the budget expectation, hence their payment has partially affected available $IDLE liquidity in the Treasury League multisig previously set aside for Leagues contributors (i.e. β€œRewards” in the M1-2022 Budget post).

We would like to ask for an $IDLE refund from the Idle DAO with resources coming from the Ecosystem funds to ensure Leagues rewards payout for March 2022.

Implementation

24.000 $IDLE transfer to the TL multisig will be included in the next IIP-19.
All details and addresses will be included in the IIP-19 official governance forum post.

Next Steps

If any motion won’t be made on this proposal, the 24.000 IDLE transfer will be included in the IIP-19 on-chain proposal.

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