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:
BTC Dominance: 58.67%(+0.02%/24h)
ETH Dominance: 12.15%(+0.01%/24h)
Defi Market Cap: $106.68B(-21.42%/24h)
Total Market Cap: $3102.48B(-1.80%/24h)
Total Trading Volume 24h: $125.28B(-15.21%/24h)
ETH Market Cap: $376.79B
Defi to ETH Ratio: 28.31%
Defi Dominance: 3.35%
Altcoin Market Cap: $1282.17B
Altcoin Volume 24h: $67.47B
Total Cryptocurrencies: 36638
Active Cryptocurrencies: 9079
Active Market Pairs: 115964
Active Exchanges: 904
Total Exchanges: 11573
BTC: 91202.88$(-0.23%/1H)
ETH: 3124.1$(-0.13%/1H)
AVAX: 13.74$(-1.47%/1H)
BNB: 892.65$(-0.21%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.43$(-0.06%/1H)
DOT: 2.23$(-0.53%/1H)
UNI: 5.79$(-0.43%/1H)
CAKE: 2.31$(-0.42%/1H)
SUSHI: 0.34$(-0.63%/1H)
ONE: 0$(-1.23%/1H)