Lending, borrowing & collateral

Governance > IDLE token > Use-cases > Lending, borrowing & collateral

Ethereum

Paladin

IDLE vote lending and borrowing

Paladin is a voting market protocol. With our collaboration with Paladin, IDLE token holders can lend their tokens via Paladin in return for yield and allow the borrower of the token to vote in the Idle DAO for on-chain proposals. Delegating your DAO voting power is a great way to get yield on your IDLE governance tokens while encouraging active DAO participation.

Using IDLE as collateral is not currently supported on Paladin.

Website: Paladin Supply site

References: Twitter post explainer

Risks: Smart-contract risk is a concern to be aware of when supplying your $IDLE token on Paladin.