Idle Weekly Beats 🔊 04.05.21
Welcome to Idle Weekly Newsletter, your regular dose of updates 📢, new features 🤖, and announcements from our team 👪
The Pilot League reinforces the business relationships with current and future partners by unveiling the B2B Affiliation program. This reward mechanism creates new revenue streams for integrators, boosting the Idle integration proposal.
Applications for Gitcoin round 9 are now closed! Candidates submitted five unique projects. The Pilot League will review those works in the next few days.. round 9 has now officially concluded! Pilot League will review all submissions, including 2 tranches, and implementation, and ETH strategy 🤯 H/T to our match partners 🎩
idle @idlefinance4 days to apply for the Idle grants, launched in @gitcoin hackathon! Work on On-Top strategies & Tranches, or build new ideas from scratch in the Open DeFi Dev Grant ⚗️ With @Barn_Bridge @88mphapp @BadgerDAO match, double rewards for winners 🏆 https://t.co/QV0s6g8OZR
With the most recent fee routing, the FeeCollector moved 100+ ETH since the Smart Treasury kickoff.
💰 IIP-5 enabled liquidity mining for idleWETH pool, which now provides $IDLE rewards on top of lending and $COMP returns. The proposal also implemented Aave v2 for Best-Yield pools, substantially increasing sUSD and TUSD APYs.
🗳 The Governance voted for a time-bonus mechanism to reward long-term LP staking on Sushiswap. The Pilot League gathered poll results and GYSR model insights to foster the final decision regarding technical implementation.
🧩 Asaf, Smart Treasury’s developer and Pilot League supervisor, proposed a new allocation strategy to increase pool fees and reduce slippage on swaps for Balancer.
🗣 A forum post features $UST and Anchor protocol integration, aiming to test the community sentiment.
⛓ After BSC and Fantom proposals, cross-chain implementation popped up again with Polygon integration. Join the conversation and express your opinion on scalability solutions.
Stay in the loop
We’re building Idle for the Ethereum ecosystem and its great community. We’d love for you to be part of our development process.
Here you can find our documentation: developers.idle.finance