Adding a pool of idleDAI/idleUSDC/idleUSDT(and idleSUSD?) - idle platform has optimized lending functions and can lend to multiple platforms, distributes underlying governance tokens(COMP) to users and has their own governance token in the works to be distributed to users.
Idle has been audited multiple times by QuantStamp, latest in August 2020 - https://certificate.quantstamp.com/full/idle-finance
Adding an idleDAI/idleUSDC/idleUSDT(/idleSUSD?) pool in Curve
Idle has two types of yield strategies - best-yield and risk-adjusted yield. In this proposal I’m talking about the best-yield strategy.
Idle can lend to multiple platforms - with pools having a lot of deposits this means that the lending yield of a pool will be more optimized(they measured for idleUSDC will be twice as the yield of yUSDC)
Underlying governance tokens(for example COMP when lending on Compound are distributed to users i.e will be distributed to pool which can then distibute to Curve LPs)
They have a coming idle DAO token which will also be distributed to users(i.e Curve LPs)
An idle pool would be identical to the current y pool with additional ability to distribute governance tokens to LPs.
This new pool can also have a built-in buffer of unlent tokens so to lower gas costs for small deposits/withdrawals
More optimized lending yield, more optimized gas costs
May lead to dilution of liquidity across pools
Which currencies should be included in pool?