In light of the recent proposals published in the forum
We advise to postpone the IDLE snapshot date originally scheduled for 2025-01-10T23:59:00Z by one week to 2025-01-16T23:59:00Z.
This extension provides several key benefits for the community:
- Finalizing IIP-42: Allowing the completion of the governance timelock admin update to enhance security and mitigate potential governance risks.
- Enabling a smoother IDLE migration: More time for the IDLE community to complete the chain migration and withdraw liquidity from AMMs.
- Extended staking period: Several community members requested more time, and weβre happy to accommodate this request so they can benefit from the extra 3% distribution in Pareto tokens.
We appreciate the feedback from the community and believe these adjustments will ensure a more seamless experience for everyone involved. We are confident that this extension will help further expand the IDLE community.