Overview
Integration Partners program > Overview
This program is an opportunity to join the Idle ecosystem and receive a part of protocol fees for deposits that originate from your dApp, wallet, or payment gateway.
Partners can join the program anytime, and receive up to 50% of the generated fees by embedding their referral wallet into deposits routed via their product.
The Treasury League periodically execute reward transfers, which will then be replaced by an automated on-chain fee-sharing mechanism.
The Idle strategies are deployed both on the Ethereum chain and on Polygon.
Integrators on Ethereum will receive a share of the performance fee (in $IDLE), based on the TVL brought in:
Integrators can use the dedicated dashboard to track the rewards of the program.
Dune Analytics
DuneAnalytics
Ethrerum program Dune dashboard
Integrators on Polygon will receive rewards in $MATIC. The Polygon program consists of two parts:
Performance boost program | Grant program |
|---|---|
$650k budget in $MATIC to boost Idle APYs by +20% relative increment (permissionless participation) | up to $50k in $IDLE tokens to foster the development of new Idle integrations (coordinated by Idle Leagues) |
You can use the APY bonus to boost the profits of your users, or as an additional revenue stream for your business. No lockups or vesting, the 20% yield bonus is shared on a weekly basis.
- Budget: $650k in $MATIC
- Launch date: November 10th, 2021
- Duration: 6 months
- Participation Requirements: permissionless integration, deposits require only a referral address (see doc)
- Payment Timeframe: Incentives are issued weekly to partners. No vesting/locking
- Max incentivized TVL: $300m, first-come-first-served
- APY Bonus: +20% relative increment compared to APY provided by Idle strategies in Polygon, up to +1% net APY (e.g. 4% APY would generate 0.8% extra bonus; 8% APY would generate +1% return)
- Minimum threshold to receive the reward: 100 $MATIC
Apply for this grant to subsidize the integration of the Idle protocol into your product.
- Budget: $50k in $IDLE, first-come-first-served. 50% of that amount will be used to sponsor hackathons and Idle RFPs.
- Launch date: November 10th, 2021
- Duration: 6 months
- Grant Size:
- $5k for projects with $5m+ TVL
- $2.5k for projects with less than $5m TVL
- Participation requirements: at least a production-ready product, no more than 2 months to release the Idle integration in mainnet
Integrators can use the dedicated dashboard t track the rewards of the program.
Dune
DuneAnalytics
Polygon program Dune dashboard
Example 1: For the first 30 days the Partner Deposited Asset (PDA) of a partner is $90m, enabling him to receive a 20% fee-share. Ten days after the first sharing event, its PDA is worth $200m and holds the same value for the remaining 20 days of the second month. The time-weighted PDA for this 30-day timeframe would then be worth $163M, letting him access the Tier 2
Example 2: Partners' users deposit $2m in the first 28 days. On the 29th day, a $350m deposit is executed. The month's PDA is $25m, and the partner receives 20% of the fees. If that liquidity level remains the same, the partner will be ranked in Tier 3 in the next month
Last modified 9d ago