Idle Weekly Beats 🔊 04.12.21
Welcome to Idle Weekly Newsletter, your regular dose of updates 📢, new features 🤖, and announcements from our team 👪
Core Beats
Pilot League reveals the winners of Idle Gitcoin Grants! Submissions include BarnBridge, Cream, Curve, and AlphaHomora integration. Winners got granted 1300 $IDLE as a total prize. Which could be the first one reaching the production stage? Follow on the forum!
Quantstamp is auditing flash loan integration and other improvements. The feature unleashes the power of Idle liquidity for DeFi developers.
The new periodic fee routing report is out. Last week, 10 ETH (~ $22k) have been routed through Idle Treasury, Smart Treasury, and Rebalancer.
Governance Beats
🗳 LP staking polls’ confirmed the Ampleforth geyser contract deployment and the allocation of $SUSHI rewards to Idle Smart Treasury to foster protocol’s growth. Pilot League will release the implementation timeline in the next few days.
🛡 Armor Finance team proposes to provide a $ 2.5m coverage to Idle protocol for 65k DAI payment.
⛓ A new proposal in Cross Chain Integration post presents Layer2 Finance, drop your comment, and share your vision on scalability integrations.
🦆 New forum’ discussion on a possible collaboration with Unit protocol to list $IDLE as collateral and get $USDP loans. Pilot League will explore the next steps and show a comprehensive overview of the opportunity.
Stay in the loops
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
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