Leagues M3-2024: roadmap and budget
The following is an extract of the proposal posted on the Idle governance.
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Leagues M3-2024 Quarterly Goals
- Institutional Strategy & Credit Vaults
- Credit Vaults as Collateral
- Reward & Yield Tranches
- Data Layer Infrastructure Migration and UI/UX Improvements
- IDLE liquidity & tokenomics
Leagues M3-2024 Expected Budget
The expected budget for M3-2024 is set at $167’500 in stablecoin.
Currently, the Treasury League multisig holds approximately $34,000 in stablecoins and $39,000 in ETH/LRTs, based on current market prices. However, it’s important to note that $41,000 needs to be deducted due to the fee-sharing agreement as part of the Fasanara Strategic Deal. Should the Temperature Check for IDLE tokenholders yield a positive result, we plan to transfer $135,500 USDT/USDC from the Fee Treasury.
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Timeline
Jul 31, 2024Proposal created
Jul 31, 2024Proposal vote started
Aug 03, 2024Proposal vote ended
Aug 03, 2024Proposal updated