Idle

Today, Idle embarks on a journey to fulfill our vision of a globally available decentralized capital pool, operated by a community-based administration of the protocol. 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 DeFi ecosystem has defined new scalability approaches, focusing on transparent and decentralized protocol management, where builders are rewarded for their contributions.

The project team claims to be a rebalancing protocol that automatically manages the digital asset allocation of the token holders and moves the pool to the third-party DeFi protocols with strategies selected by the token holders