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: 58.44%(-0.06%/24h)
ETH Dominance: 10.45%(+0.03%/24h)
Defi Market Cap: $0B(-9.75%/24h)
Total Market Cap: $2176.65B(+0.17%/24h)
Total Trading Volume 24h: $47.2B(-13.11%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $904.58B
Altcoin Volume 24h: $28.36B
Total Cryptocurrencies: 39236
Active Cryptocurrencies: 8061
Active Market Pairs: 110956
Active Exchanges: 967
Total Exchanges: 12643
BTC: 63377.74$(-0.18%/1H)
ETH: 1884.43$(-0.22%/1H)
AVAX: 6.44$(0.15%/1H)
BNB: 610.26$(-0.05%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.18$(0%/1H)
DOT: 0.77$(0.01%/1H)
UNI: 3.48$(-0.32%/1H)
CAKE: 1.44$(0.07%/1H)
SUSHI: 0.16$(0%/1H)
ONE: 0$(0.63%/1H)