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[IIP-40] M3-2024 budget transfer to Leagues
By 0xeA17...a6BDE5Continue Reading
The following is an extract of the proposal posted on the Idle governance.
Summary
The IIP transfers the M3-2024 funding to DAO Leagues.
References
Rationale
1. Leagues M3-2024: Roadmap and M2-2024 Recap
The expected budget for M3-2024 is set at $167’500 in stablecoin.
Currently, the Treasury League multisig holds approximately $34,000 in stablecoins and $39,000 in ETH/LRTs, based on current market prices. However, it’s important to note that $41,000 needs to be deducted due to the fee-sharing agreement as part of the Fasanara Strategic Deal. Should the Temperature Check for IDLE tokenholders yield a positive result, we plan to transfer $135,500 USDT/USDC from the Fee Treasury.
Specifications
The IIP-40 consists of one action:
- 1 action to transfer 135,500 USDC from the
FeeTreasuryto the Treasury Leagues multisig
Connect Wallet to Add Note
0Votes 4
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6f85...969314 | 35,999 | For |
 0x500D...D4a2De | 27,321 | For |
 0xd889...8bAB9b | 18,427 | For |
 0xe0e6...03060F | 1,267 | For |
VOTE POWER
0
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Proposal Status
- Wed August 07 2024, 10:07 amVoting Period Starts
- Fri August 09 2024, 03:00 pmEnd Voting Period
Current Results
1-For
83,013.317