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closedEnded 2 years ago · Snapshot (Offchain)

Leagues M3-2024: roadmap and budget

By 0xeA17...a6BDE5

The following is an extract of the proposal posted on the Idle governance.

[…]

Leagues M3-2024 Quarterly Goals

  1. Institutional Strategy & Credit Vaults
  2. Credit Vaults as Collateral
  3. Reward & Yield Tranches
  4. Data Layer Infrastructure Migration and UI/UX Improvements
  5. IDLE liquidity & tokenomics

Leagues M3-2024 Expected Budget

image

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.

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Proposal Status
  • Wed July 31 2024, 03:00 pmVoting Period Starts
  • Sat August 03 2024, 03:00 pmEnd Voting Period
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