The Pilot League is going to refund people who have spent money to help in the various operations carried out in recent months
During the work done to continue developing the ecosystem and the improvement of the Idle protocol, some people anticipated with their own money some operational costs, such as the executions of IIPs; here is a detailed table
If you notice that we have forgotten any of you, please write a comment below with the link to the forum thread where there is a reference to this anticipated expense.
Thank you, @emixprime, for setting up this expenses report!
We would like to forego the reimbursements for Idle Labs and forward those funds to the Idle Rebalancer contract, also to bring the operational sustainability topic to community attention.
The Rebalancer is a core mechanism of the Idle protocol: thanks to its allocations and rebalances, this mechanism provides competitive returns and yield optimization.
The current 5% of the fees collected by the FeeCollector is not enough to sustain its activities, therefore the Governance should structure a discussion around it to guarantee the financial sustainability of core contracts. We’ll provide a more detailed analysis of it in the next weeks.