idle finance

By 7Fx | F | 28 Nov 2020

Idle is a decentralized rebalancing protocol that allows users to automatically and algorithmically manage their digital asset allocation among different third-party DeFi protocols. You can choose to maximize your interest rate returns through Best-Yield strategy or minimize your risk exposure through RiskAdjusted allocation strategy.

Best-Yield: this strategy combines multiple money markets to automatically provide the highest interest rates, beating the best traditional offerings across interest-bearing tokens and DeFi protocols.
Risk-Adjusted: this strategy automatically changes the asset allocation in order to find the optimal mix between risk scores and yield.

Idle connects with Compound, Aave, dYdX, Fulcrum, and DSR, and supports DAI, USDC and USDT.
IDLE Governance Token is now live! The Idle protocol is now governed by a DAO powered by the IDLE token, which promotes key activities to ensure a proper protocol’s maintenance and improvements in the years to come. This decentralized network governs and manages the strategic decisions of the protocol, enabling community participants to drive and contribute to the protocol’s future developments. The official IDLE token is this one https://etherscan.io/address/0x875773784Af8135eA0ef43b5a374AaD105c5D39e

Idle team launched the Governance Forum, the place to propose new ideas and integrations.
The team secured $ 1.2M from industry leaders to scale its Yield Optimization Protocol.
The overview of the new Idle Governance Model has been published here.

Coinbase Earn Program working links : BAND, COMP, XLM

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