[IIP-41] M4-2024 budget transfer to Leagues
The following is an extract of the proposal posted on the Idle governance.
Summary
The IIP transfers the M4-2024 funding to DAO Leagues.
References
Rationale
1. Leagues M4-2024: Roadmap and M3-2024 Recap
The expected budget for M4-2024 is set at $168’000 in stablecoin.
Currently, the Treasury League multisig holds approximately ~$18,000 in stablecoins and ~$50,000 in BTC/ETH/LRTs, based on current market prices.
Should the Temperature Check for IDLE tokenholders yield a positive result, we plan to transfer $100,000 stablecoins or equivalent from the Fee Treasury.
Specifications
The IIP-41 consists of one action:
- 1 action to transfer 100,000 USDC from the
FeeTreasuryto the Treasury Leagues multisig
Off-Chain Vote
For
24.3K stkIDLE100%
Against
0 stkIDLE0%
Timeline
Oct 31, 2024Proposal created
Oct 31, 2024Proposal vote started
Nov 02, 2024Proposal vote ended
Nov 02, 2024Proposal updated