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Idle DAOIdle DAOby0xb46CA26881fbafeCEA8ac92B2a159871b8Fb61AE8bitporkchop.eth

Which token should $IDLE stakers be rewarded in?

Voting ended over 4 years agoSucceeded

This proposal is for the upcoming single token staking for $IDLE. The community is encouraged to vote on their preferred token for distributing protocol fees to stakers. This topic is discussed in the forum here: https://gov.idle.finance/t/staking-reward-token/527

The results of this snapshot vote will be implemented into the upcoming staking contract.

The options are:

  • $wETH - Fees will be distributed from the feeCollector in wETH to stakers.
  • $IDLE - Fees will be exchanged into $IDLE and distributed to stakers.
  • $stkIDLE - Fees will be exchanged into $IDLE and added to stakers locked balance.
  • idleUSDC/idleDAI - Fees will be exchanged into a stablecoin, then wrapped into the idle best yield strategy, which can then be distributed to stakers.
  • IDLE/ETH SLP - Fees will be deposited into a sushiswap IDLE/ETH pool and the LP tokens will be distributed to stakers.

Off-Chain Vote

wETH
54.78K 30.2%
IDLE
123.11K 67.9%
stkIDLE
1.45K 0.8%
idleUSDC/idleDAI
0.09 0%
IDLE/ETH SLP
2.01K 1.1%
Download mobile app to vote

Timeline

Jun 08, 2021Proposal created
Jun 09, 2021Proposal vote started
Jun 12, 2021Proposal vote ended
Mar 20, 2025Proposal updated