Unveiling Idle Governance

UPDATE — The below model and distributions for $IDLE have been updated. You can find the most recent release here:

The IDLE Governance Token

IDLE Allocation

13,000,000 IDLE will be minted on token generation event and will become available over the course of the next 2-3 years.

  • Early LPs Fund (2%)
  • Ecosystem Fund (11%)
  • Pre-Seed Investors (5.95%)
  • Seed Investors (15%)

Reward distribution schedule

4,940,000 IDLE will be allocated for all pools to LPs proportional to liquidity over the course of the next 2 years.

A retroactive acknowledgment

Idle owes its achievements to a loyal early user base that have joined its journey over the last year since the initial beta version in August 2019. These community members will naturally act as advocates for Idle.

Governance framework

Historia Magistra Vitae. Governance tokens are still experimental, but we’ve been closely observing other models, from the most radical to the most robust ones.

  • Rebalance address
  • % of unlent funds for quick swaps
  • Add other governance tokens to distribute/farm
  • Add other protocols to Idle ecosystem
  • Add other asset classes
  • Add strategies on top of Idle optimization layer

Ecosystem Fund

We included an Ecosystem Fund, a community-managed treasury that allows governance to spin-off multiple programs to incentivize Idle ecosystem’s contributors. We hope to see a variety of experimentation, including ecosystem grants, tailored staking systems, integrators programs, insurance mining, community-driven features, and public goods funding.

Stay in the loop

We built Idle for the Ethereum ecosystem and its great community. We’d love for you to be part of our governance and development process.

Earn the yield you deserve without worrying about finding the best option, whether you want to optimize returns or risks.

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