Attending ETHDenver this year?? Make sure to stop by the Threshold Table and say hello!! We'll have Threshold swag, POAP's, buildathon bounties, and more 🔥🔥🔥
TL;DR: Imagine you could design money from scratch today, to be built for a digital world where information moves at light speed. What would it look like? It would probably look a lot like Bitcoin - borderless, available 24/7, controlled by mathematics instead of politicians. This isn't just a new technology; Bitcoin is an entirely new way of thinking about value itself.
The Problem with Money 1.0
Your smartphone can send a message to Tokyo in seconds, stream movies from servers across the pla
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:
• 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
🗳️ 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
Bitcoin Party Migration Rewards: Just in Time for a New Christmas TBTC Yield Strategy
As Bitcoin thrives this holiday season, Threshold DAO brings festive cheer with rewards now available for wbtc.party participants.
Rewards and reimbursements from October’s migration campaign are now available, and participants can claim their tBTC on Merkl. Just in time for a new holiday tBTC yield strategy, you can put your trust-minimized Bitcoin to work, earn yield, and grow your sats stack.
In October, Threshold DAO launched a $150,000 prize pool to incentivize WBTC holders to migrate to
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!
WBTC isn’t going to be how people use #Bitcoin in DeFi 10 years from now.
We are going to need a much more robust, much more permissionless, much more decentralized, and censorship-resistant way to deploy Bitcoin into DeFi—and that's what $tBTC is.
Ready to dive into the world of $T? We’ve got three new must-watch videos that break down how Threshold is reshaping DeFi and providing #Bitcoin and Ethereum holders with powerful, censorship-resistant services.