IIP-19: Bancor Follow-up Liquidity Deployment and $IDLE Gauges setup

Summary

This proposal collects multiple initiatives:

• Leagues budget M1-2022 extension
• Bancor Follow-up Liquidity Deployment (187k IDLE)
• Introducing $IDLE Gauges model for Tranches

IIP motivations

For a comprehensive analysis of each initiative, we suggest visiting the dedicated governance forum posts at www.gov.idle.finance.

Specifications

The code for the IIP is here.

IIP-19 actions:

• Withdraw 211,000 $IDLE from Ecosystem Fund to the Treasury League multisig: 1 action
• Update the IdleController: 2 actions
• Add FEI support in FeeCollector: 1 action

This IIP complies with the stkIDLE Voting Framework. Only stkIDLE holders can vote on this poll. The threshold to make the poll valid (both metrics should be reached):

• 30% of circulating stkIDLE voting the poll (min. 110,449 stkIDLE)
• at least 70% on the same option

If the poll reaches the quorum, the community multisig will broadcast the decision on-chain. Current On-chain Voting Power: 511,831 $IDLE

Voting Options

Please cast your vote on one of the following options:

FOR: Approve IIP-19 execution AGAINST: Reject IIP-19 execution