Idle

Summary

This Temperature Check gauges the community sentiment on the proposal to upgrade Governor Alpha, the current Governance framework, to Governor Bravo - introducing several key improvements on the decisional process.

If the proposal passes the Temperature Check, it will be merged with the next IIP.

Motivation

Idle Governance contracts are based on Compound Governor Alpha, a battle-tested fully on-chain module that allows token holders to permissionless propose protocol improvements, vote proposals, delegate their votes, execute protocol changes. The Governor Alpha contract has become a standard in the Ethereum community. It demonstrated robustness and transparency for on-chain processes, with composability via meta-governance features. In March 2021, Compound DAO deployed an upgraded version of it: Governor Bravo. A comparison between the two infrastructures is reported in this article by Tally.

To foster the migration, Idle Leagues included in the brand new Idle Grants Program 2.0 the RFP-13 “Upgrade Idle Governor Alpha to Compound Governor Bravo”.

@Dantop worked on the integration and successfully delivered the code needed to finalize the Governance upgrade.

Details

The new implementation is available here:

• GovernorBravoDelegate (Delegate, ie Implementation)
• GovernorBravoDelegator (Delegator, ie Proxy)

It was developed by @Dantop and peer-reviewed by Dev League. Governor Bravo was audited by Open Zeppelin.

Actions:

• Update to Governor Bravo: 3 action
• Send $3000 in $IDLE to Dantop: 1 action

Voting Options

Please cast your vote on one of the following options: FOR: Approve Governor Bravo Upgrade AGAINST: Vote against Governor Bravo Upgrade DISCUSS MORE: Discuss more the proposal

This poll is available for both $IDLE token holders and stkIDLE holders. The final $IDLE voting weights will be calculated using the approved calculator.