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A new proposal just dropped on the @SushiSwap forum recommending that Sushi leverage tBTC & thUSD to enhance treasury flexibility. This approach provides ETH and BTC exposure while offering the flexibility of using it as collateral to mint stablecoins like thUSD. Read the full proposal by @mcitizen42 on the Sushi forum:
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🚀 tBTC’s Record Growth & WBTC’s Great Unwinding • Decentralization’s rise amidst WBTC controversy • tBTC setting new velocity records • Insights from our X Space with @build_on_bob about Bitcoin bridges • Governance & more! 📰 Threshold Time 25: https://newsletter.threshold.network/p/tbtc-s-record-growth-and-the-great-wbtc-unwinding
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🚨 Threshold Governance Alert 🚨 🗳️ TIP-94: ‘Mint 3 months of staking rewards’ is available for on-chain governance on Boardroom https://boardroom.io/threshold/proposal/cHJvcG9zYWw6dGhyZXNob2xkOm9uY2hhaW46MjU0OTY5NDY4NDQ1NzkyODM5NjcyMDEzNDk1NjEzMTE0MjYyMDM3MTE4MzM4Mjk4NjA4OTM3Mzk5MjQyMTMwOTQxMzQxODc4NTYzNjg 🗳️ TIP-95: ‘Improve DAO multisig management’ is live on Snapshot https://snapshot.box/#/s:threshold.eth/proposal/0xb0e7ee5734d7e83ba518f88bcd0eea44db143db41262e80389fcdf0a1df06fb8
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Bitcoin Party Migration Rewards: Just in Time for a New Christmas TBTC Yield Strategy
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$T.hreshold Governance Alert TIP-93: Proposed changes to the $tBTC fees are live for a governance decision via 4 Snapshots https://t.co/IDks7AfaJG. ℹ️ The outcomes of Parts 1 and 2 will determine the new tBTC mint (Part 1) and redeem (Part 2) fees, which will be implemented 30 days after these governance decisions are finalized. 🗳️ TIP-93 Part 1: tBTC mint fee options: https://t.co/XP1YCZ5Psm 🗳️ TIP-93 Part 2: [tBTC redeem fee options: https://t.co/GS3IbVtAFe ℹ️ The outcomes of Parts 3 and 4 address additional aspects of TIP-93, as summarized below and detailed further on Snapshot: 🗳️ TIP-93 Part 3: give Treasury committee discretion to adjust tBTC fees: https://t.co/TH40Gjt10l This proposal empowers the Treasury Guild Committee (TGC) to modify @tBTC_project mint and redeem fees for six (6) months. If approved, a vote will follow to determine parameters of that discretion. 🗳️ TIP-93 Part 4: mandatory 30-day delay on fee changes: https://t.co/fqjcWuunhf This proposal introduces a mandatory 30-day delay for any fee changes to the tBTC protocol. If approved, this delay would apply to any fee adjustments approved through TIP-93 Parts 1 and 2, as well as all future fee changes. Be sure to review the proposals and make your voice heard by voting!
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