Idle Weekly Beats 🔊 12.22.21

Welcome to Idle Weekly Newsletter, your regular dose of updates 📢, new features 🤖, and announcements from our team 👪

Top Beat:

• 🚀 TIME TO MAKE YIELD YOUR OWN 🛡 New product release straight from Idle’s factory! The Perpetual Yield Tranches (PYT) have arrived! 📈 Find out more about them! 👇

Idle DAO @idlefinance

🚀 TIME TO MAKE YIELD YOUR OWN 🛡 Perpetual Yield Tranches (PYT): New product coming from Idle’s factory 🤖 Featuring: ➡️ @MakerDAO’s $DAI & @feiprotocol’s $FEI via Idle Best-Yield ➡️ @fraxfinance’s $FRAX & @MIM_Spell $MIM LP tokens via @ConvexFinance ➡️ $stETH via @LidoFinance

December 21st 2021

12 Retweets39 Likes

Core Beats

• 🧩 Bringing you another use case for $IDLE - you can now use $IDLE to lend/borrow on Euler Finance. This partnership with Euler, enabler of permissionless lending markets, could also soon bring another improvement - using $IDLE as collateral.

Idle DAO @idlefinance

Bringing you another use case for $IDLE - you can now use $IDLE to lend/borrow on @eulerfinance 🧩 Euler enables permissionless lending markets 💸  Next step: $IDLE as collateral 👀 More about Euler mainnet launch 👇 blog.euler.finance/euler-launches…

December 15th 2021

3 Retweets20 Likes

• 💸 Another partnership! With Ricochet - a DeFi protocol on Polygon that allows users to allocate their crypto assets in real-time using Superfluid's framework. They integrated $IDLE into their pools and enabled money streaming functionality, further fostering the growth of Idle’s ecosystem.

Idle DAO @idlefinance

Thrilled to announce that Ricochet integrated $IDLE into their pools!🥳 ✅ Money streaming ✅ $IDLE ecosystem growth @ricochetxchange is a DeFi protocol on @0xPolygon that allows users to allocate their crypto assets in real-time using @Superfluid_HQ's framework 💸 More! 🤯 ⬇️

December 15th 2021

22 Retweets45 Likes

• 🤝 We're proud to announce another amazing partnership - Pods Finance. With this partnership, the collateral use case for idleTokens has been unlocked! How to utilize this composability feature? Deposit USDC into Idle protocol on Polygon → deploy the tokenized position (idleUSDC) into Pods → profit from liquidity provision.

Idle DAO @idlefinance

We're proud to announce another amazing partnership - @PodsFinance! 😎 Collateral use case for idleTokens unlocked! #composability 🧩 Deposit USDC into Idle protocol in @0xPolygon → deploy the tokenized position (idleUSDC) into Pods → profit from liquidity provision 📈

December 16th 2021

7 Retweets31 Likes

• ⚙️ Proposal to improve Idle DAO’s governance framework. The framework would be improved from Governor Alpha to Governor Bravo. It would enable more flexibility in voting, upgradeability of the key governance parameters and many more upgrades (you can read about them here).

Idle DAO @idlefinance

This proposal upgrades Governor Alpha to Governor Bravo (Idle DAO's Governance framework) - introducing several key improvements to the decision making process 🦾 🏛 gov.idle.finance/t/governor-bra…

December 15th 2021

2 Retweets13 Likes

• 💰 The voting for the mandate’s budget that will be used to cover operational costs, reward contributors, and provide liquidity to bootstrap new Idle-based markets

Idle DAO @idlefinance

Snapshot to vote the next mandate budget is live! The budget will be used to cover operational costs, reward contributors, and provide liquidity to bootstrap new Idle-based markets 💰 Cast your vote now ✍️ gov.idle.finance/t/leagues-budg…

December 19th 2021

3 Retweets11 Likes

• 🗳 The new Leagues members have been elected. Check out the contributors and advisors who were chosen for the Treasury, Dev and Communications Leagues.

🏛 Biweekly governance update

You can find the most important governance-related updates in the forum post.

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

To follow our updates, new releases, and monthly reports, subscribe to our newsletter. If you have any questions, feel free to ask us on Twitter, Discord, or Telegram