Idle DAO

Idle is a decentralized protocol dedicated to bringing automatic asset allocation and yield aggregation to the interest-bearing tokens economy. The Idle protocol is governed by a TopDAO (the Idle Governance) represented by $IDLE token holders. The DAO manages the strategic decisions of the protocol through the IIPs (Idle Improvement Proposals), enabling community participants to contribute to the protocol’s future developments. To foster community contributions and reduce the burden of voting on all the aspects of the protocol, the League structure consists of SubDAOs (Leagues) focused on a restricted area of expertise. Leagues are organizational units composed of participants elected by the Governance. Each League pursues activities in a specific field and is responsible for its own budget, managed through a multi-signature wallet. Members are elected by the Idle DAO, through community snapshot polls, and are in charge of the mandate duration (currently 3 months).