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closedEnded a year ago ยท Snapshot (Offchain)

[IIP-41] M4-2024 budget transfer to Leagues

By 0xeA17...a6BDE5

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

Summary

The IIP transfers the M4-2024 funding to DAO Leagues.

References

  • Leagues M4-2024: Roadmap and M3-2024 Recap post

Rationale

1. Leagues M4-2024: Roadmap and M3-2024 Recap

image

The expected budget for M4-2024 is set at $168โ€™000 in stablecoin.

Currently, the Treasury League multisig holds approximately ~$18,000 in stablecoins and ~$50,000 in BTC/ETH/LRTs, based on current market prices.

Should the Temperature Check for IDLE tokenholders yield a positive result, we plan to transfer $100,000 stablecoins or equivalent from the Fee Treasury.

Specifications

The IIP-41 consists of one action:

  • 1 action to transfer 100,000 USDC from the FeeTreasury to the Treasury Leagues multisig
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Proposal Status
  • Thu October 31 2024, 10:55 amVoting Period Starts
  • Sat November 02 2024, 12:00 pmEnd Voting Period
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