[IIP-12] Enable $IDLE LM on idleRAI and fund Leagues mandate
Summary
This off-chain poll aims to gauge the sentiment among stkIDLE holders regarding IIP-12, which has been launched on-chain. If the poll will reach the quorum, the vote will be broadcasted on-chain.
IIP Motivation
The idleRAI pool was released in Beta stage in late May, with Fuse and Cream support. Afterward, with RAI approved and available on Aave, this yield source became part of idleRAI as well. In mid July, idleRAI passed the Integration Standard Requirements and got approved for Production stage. Governance unanimously approved the extension of the $IDLE LM program to idleRAI via Temperature Check.
Lately, the Governance also agreed on removing Cream from the list of supported yield sources in this pool. One action of this IIP will be dedicated to stkAAVE farming, approved by Aave Governance.
The second batch of transactions is related to Leagues’ next mandate funding. Governance approved via Temperature Check to allocate $104’300 + 16’183 IDLE to fund operations, scaling activities, and compensations. An additional $4k is required to cover ETHglobal hackathon prizes, not executed during the previous mandate.
Details
The technical implementation was developed by Dev League.
Actions:
- idleRAI liquidity mining activation: 4 actions
- $RAI support on FeeCollector: 1 action
- Cream removal from idleRAI: 1 action
- stkAAVE support on idleRAI: 1 action
- ETH transfer from FeeTreasury to Treasury League: 1 action
- stkAAVE transfer from FeeCollector to Treasury League: 1 action
- $IDLE transfer from Ecosystem Fund to Treasury League: 1 action
This IIP complies with the stkIDLE Voting Framework. Only stkIDLE holders can vote on this poll.
Threshold to make the poll valid (both metrics should be reached):
- 30% of circulating stkIDLE voting the poll (min.71’996 stkIDLE)
- at least 70% on the same option
If the poll will reach the quorum, the community multisig will broadcast the decision on-chain. Current On-chain Voting Power: 378’898 $IDLE
Voting Options
Please cast your vote on one of the following options: FOR: Approve IIP-12 execution AGAINST: Vote against IIP-12 execution
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6f85...969314 | 96,319 | FOR |
 0x50eE...d89e4A | 38,738 | FOR |
 0x2513...DcfEd6 | 9,006 | FOR |
 0xefdF...F1E196 | 1,646 | FOR |
 0xa3E2...eAD200 | 839 | FOR |
VOTE POWER
Proposal Status
- Thu September 16 2021, 06:00 pmVoting Period Starts
- Sat September 18 2021, 09:00 amEnd Voting Period
Current Results
1-FOR
146,694.441