Idle Weekly Beats | 10.25.21

Published on: 26.10.2021
Idle Weekly Beats | 10.25.21

Idle released Weekly Beats, newsletter for regular dose of updates, new features & announcements from the team.

🔹Core Beats

  • Amazing week in Lisbona with #LisCon and #ETHLisbon, where Idle DAO members hosted a panel about Leagues – promising ideas bounced around there
  • IdleFEI Best-Yield lands in production!  FEI now becomes accessible to individuals looking to maximize the lending returns and other protocols looking to integrate FEI as yield source
  • Explore the next opportunities on LPing side with Sushi Onsen program. UNI v3 and the upcoming Polygon LP staking program represent a valid alternative to get rewards.
  • Four projects emerged from Gitcoin Hackathon Round 11, implementing new underlying sources and on-top applications. With up to 2000 $IDLE + 500 $IDLE bonus provided by community members, Convex integration grant is getting hot
  • On Friday, Idle joined the Harvest Community Call straight from ETHLisbon. A great chance to chat about how the protocols can work together on new products like tranches.

🔹Governance Beats

  • Community Call. Book the slot on your Calendar, Discord will host the 2nd Idle’s Community Call on 29th October 12pm EST.
  • IIP-14 executed. Governance finalized $IDLE LM removal from Risk-Adjusted strategies and transferred 35k $IDLE to increase Uniswap v3 liquidity and launch Polygon LP staking program.

About Idle

Idle is DeFi Yields Aggregator and Rebalancing Protocol.

📰 INFO:

https://idlefinance.substack.com/p/idle-weekly-beats-102521

Market Stats:
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ETH Dominance: 12.29%(+0.12%/24h)
Defi Market Cap: $106.74B(+1.07%/24h)
Total Market Cap: $3156.54B(-1.76%/24h)
Total Trading Volume 24h: $137.03B(+9.97%/24h)
ETH Market Cap: $387.82B
Defi to ETH Ratio: 27.52%
Defi Dominance: 3.29%
Altcoin Market Cap: $1319.66B
Altcoin Volume 24h: $81.03B
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ETH: 3212.9$(-0.26%/1H)
AVAX: 14.47$(-0.23%/1H)
BNB: 905.69$(-0.53%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.41$(-0.59%/1H)
DOT: 2.18$(-0.4%/1H)
UNI: 5.88$(-0.87%/1H)
CAKE: 1.97$(-0.86%/1H)
SUSHI: 0.34$(-0.92%/1H)
ONE: 0$(-0.89%/1H)