Leagues budget M2-2022 extension

🏛 Governance 🛡 Leagues
1

Author

Treasury League: @Biaf

Background

Summary

Extending the $IDLE budget of the current M2-2022 mandate (Apr-Jun 2022) to refund the Ethereum B2B affiliation program and IGP rewards.

Details

Starting from April 2022, Leagues paid out around 22,000 $IDLE to reward B2B partners and grants’ developers.

M2-2022 Idle rewards
M2-2022 Idle rewards753×272 37.4 KB

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. “Rewards” in the M2-2022 Budget post).

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

Implementation

22,000 $IDLE transfer to the TL multisig will be included in the next IIP-24.
All details and addresses will be included in the IIP-24 official governance forum post.

Next Steps

If any motion won’t be made on this proposal, the 22,000 $IDLE transfer will be included in the next IIP on-chain proposal.

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