Rebranding Idle To Pareto and Growth Plan

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

Summary

This proposal seeks community support for a strategic migration of Idle to a new tokenomics, brand, the restructuring of governance, and the launch of a growth campaign to accelerate Pareto adoption.

Introduction

Pareto is paving the way to build a marketplace of scaled on-chain credit facilities that displace legacy lending infrastructure and loan origination processes at each stage of the loan lifecycle. This unique combination of efficiency and scalability is positioning Pareto as the leader in the growing DeFi credit ecosystem.

Pareto has more than $25 million in committed TVL, compared to Idle Best Yield and Yield Tranches is already tenfold. And this growth is driven predominantly by organic demand. [...]

Pareto is building the foundation for an adaptive credit coordination layer, empowering individuals and programs to underwrite and borrow on-chain. In simpler terms, this means enabling a “real-world” economy to operate seamlessly on DeFi rails. Unlike traditional DeFi, which excels in managing digital assets, Pareto focuses on coordinating the economic layer of real world assets and services on-chain. [...]

To achieve this vision, our immediate priorities include:

• Onboarding new borrowers and curators to Pareto.
• Launching repo markets for Credit Vaults (using CVs as collateral).
• Building a Credit Vault Factory for seamless deployment.
• Explore Meta Credit Vaults for advanced credit structuring.

Token Rebranding

To achieve the above growth and position Pareto at the forefront of DeFi credit and RWA markets, we are proposing the following improvements:

IDLE → PAR

As part of this transition, $IDLE tokens will be seamlessly converted to $PAR on a 1:1 basis, as determined by their balance at the snapshot (more details below). Token holders will be able to claim their $PAR tokens will be upon launch. The $PAR token will be deployed on Ethereum with a new total supply of 18.2 million $PAR tokens.

The new $PAR token will serve as the core asset of the broader Pareto ecosystem and product suite. It will feature an upgraded tokenomics model, including a novel algorithmic buyback program and an improved staking system capable of enabling a fee-sharing mechanism (pending community approval). These enhancements are designed to align long-term interests and enhance the sustainable value of the ecosystem.

Growth Incentives

To realize this vision, we propose allocating 28.7% of the total token supply (breakdown below) to support key growth initiatives. To drive Pareto’s Credit Vaults toward a market size exceeding $100 million by late 2025, we recommend the following strategic allocations for the newly established DAO treasury:

• Up to 5.20% of total supply for community incentives and airdrops
• Up to 5.00% of total supply for early liquidity partners
• Up to 3.50% of total supply for DEX/CEX listings and market-making
• Up to 5% of total supply for core contributors and grants
• Up to 10% of total supply for fundraising initiatives