With the organization of grants and the B2B Affiliate Program launch, Idle is interfacing with many partners and protocols to start collaborations and make integrations.
As we look for the continued growth of the Idle ecosystem, this framework would guide the community in evaluating yield generating products into Idle protocol.
Thus, as discussed in this post, the proposed Due Diligence Process would define parameters that a yield source should meet before being implemented into Idle protocol. The framework could be extended on decisions that affect core operations and infrastructure.
| Topic | Metric | Minimum requirements |
|---|---|---|
| Audit and due diligence | Has a reputable company audited contracts, or are they forks of audited projects? | 1 custom audit |
| Months of activities since last contract update | 3 months | |
| Are contracts immutable or upgradeable by admins? If upgradable, how many admins control the keys and are they anonymous? | Immutable preferred, but answers evaluated case by case | |
| Is there an emergency exit plan? | Evaluated case by case | |
| Are there protocol dependences? | Evaluated case by case | |
| Has the protocol/asset suffered losses in the past? | Evaluated case by case | |
| Performances | Current protocol TVL or asset circulating supply | $ 50M+ |
| Expected TVL/supply in 3 months | $ 100M+ | |
| Current protocol’s or supported services’ APYs | +30% than Idle 30-day strategy average | |
| Would Idle asset liquidity affect APYs? | Less than 10% |
Please cast your vote on one of the following options: