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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BTC Dominance: 58.12%(+0.12%/24h)
ETH Dominance: 12.99%(-0.07%/24h)
Defi Market Cap: $160.92B(+4.85%/24h)
Total Market Cap: $4193.04B(+1.08%/24h)
Total Trading Volume 24h: $222.36B(+9.95%/24h)
ETH Market Cap: $544.43B
Defi to ETH Ratio: 29.56%
Defi Dominance: 3.75%
Altcoin Market Cap: $1756.18B
Altcoin Volume 24h: $136.46B
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Active Cryptocurrencies: 9516
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ETH: 4513.09$(-0.49%/1H)
AVAX: 31.19$(-0.13%/1H)
BNB: 1170.6$(0.04%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
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DOT: 4.31$(-0.45%/1H)
UNI: 8.2$(-1.45%/1H)
CAKE: 3.6$(-0.12%/1H)
SUSHI: 0.72$(-0.06%/1H)
ONE: 0.01$(0.97%/1H)