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: 56.8%(+0.06%/24h)
ETH Dominance: 11.93%(-0.07%/24h)
Defi Market Cap: $109.54B(-7.74%/24h)
Total Market Cap: $3291.92B(+1.80%/24h)
Total Trading Volume 24h: $145.9B(-6.14%/24h)
ETH Market Cap: $392.59B
Defi to ETH Ratio: 27.9%
Defi Dominance: 3.19%
Altcoin Market Cap: $1422.12B
Altcoin Volume 24h: $84.66B
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Active Cryptocurrencies: 10610
Active Market Pairs: 97083
Active Exchanges: 779
Total Exchanges: 9870
BTC: 94384.1$(-0.35%/1H)
ETH: 3259.67$(-0.32%/1H)
AVAX: 36.5$(-0.58%/1H)
BNB: 692.17$(-0.22%/1H)
MATIC: 0.46$(-0.2%/1H)
FTM: 0.7$(-0.67%/1H)
ADA: 0.93$(-0.67%/1H)
DOT: 6.72$(-0.31%/1H)
UNI: 13.8$(-0.91%/1H)
CAKE: 2.35$(0.03%/1H)
SUSHI: 1.48$(-1.27%/1H)
ONE: 0.02$(-0.31%/1H)