Lending, borrowing & collateral
Governance > IDLE token > Use-cases > Lending, borrowing & collateral
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Governance > IDLE token > Use-cases > Lending, borrowing & collateral
Last updated
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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.
Risks: Smart-contract risk is a concern to be aware of when supplying your $IDLE token on Paladin.
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