tBTC Direct Minting Goes Live on Arbitrum
tBTC Direct Minting Goes Live on Arbitrum
🚀 Bitcoin meets Arbitrum
Threshold Network has launched direct minting of tBTC on Arbitrum, offering a seamless way to leverage Bitcoin in Ethereum's Layer 2 ecosystem. Key features include:
- Native minting on Arbitrum without Ethereum L1 transactions
- Innovative UI upgrades
- User-friendly experience
Incentives program in partnership with Arbitrum:
- 20,000 ARB + $45k in T for tBTC on GMX
- 50,000 ARB + 25% in T for long-term liquidity providers
- Ongoing incentives for Curve and Uniswap pools
This launch marks a significant achievement for Threshold DAO's internal dev team. Users can now efficiently mint tBTC on Arbitrum, bridging Bitcoin to the thriving Ethereum L2 ecosystem.
September Staking Rewards Now Claimable
**Attention Threshold stakers:** - September staking rewards are now available for claiming on the Threshold dashboard. - To be eligible for rewards, ensure your nodes are updated to the latest versions of: 1. tBTC client 2. TACo client **Important reminder:** Keeping your nodes updated is crucial for continued reward eligibility. This monthly reward distribution follows the previous month's pattern, maintaining consistency in the staking ecosystem.
TIP-068 Proposal for Contractor Role as Senior Full-Stack Developer
There is a TIP-068 proposal for a Contractor Role as a Senior Full-Stack Developer, made by Evandro Saturnino. He has a long history with the DAO as part of the thUSD team. You can read and participate in the proposal on snapshot.
Reward Distribution Update
December rewards for Active Stakers will be distributed on January 2nd, 2024. Stakers will be notified when they are available to claim. Happy New Year!
Temporary Disabling of Ledger Connect Kit Loader due to Vulnerability
Threshold Network has temporarily disabled Ledger Connect Kit Loader due to a vulnerability. Users are advised to exercise caution when interacting with dApps until the issue is resolved.