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

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ETH Dominance: 10.17%(-0.50%/24h)
Defi Market Cap: $93.72B(+62.32%/24h)
Total Market Cap: $2975.31B(-6.74%/24h)
Total Trading Volume 24h: $128.68B(+86.76%/24h)
ETH Market Cap: $302.41B
Defi to ETH Ratio: 30.99%
Defi Dominance: 3.03%
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ETH: 2509.78$(-0.93%/1H)
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BNB: 613.7$(-0.68%/1H)
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DOT: 4.41$(-1.05%/1H)
UNI: 7.96$(-0.33%/1H)
CAKE: 2.17$(-1.25%/1H)
SUSHI: 0.75$(-0.51%/1H)
ONE: 0.01$(-0.39%/1H)