Threshold Governance Alert: TIP-93 Fee Structure Changes
Threshold Governance Alert: TIP-93 Fee Structure Changes
🗳️ tBTC Fee Drama Unfolds
Four key proposals are up for vote regarding tBTC fees:
- Part 1 & 2: New mint and redeem fee structure
- Part 3: Proposal to give Treasury Guild Committee 6-month discretion over fee adjustments
- Part 4: Implementation of mandatory 30-day delay for all fee changes
All approved changes will take effect after a 30-day period. Community members can now vote on these proposals through Snapshot governance platform.
Key Impact: These decisions will shape tBTC's fee structure and governance flexibility moving forward.
$T.hreshold Governance Alert TIP-93: Proposed changes to the $tBTC fees are live for a governance decision via 4 Snapshots snapshot.box/#/s:threshold.…. 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
Department of Threshold Efficiency Announces Profitability Pivot for TheTNetwork
The Department of Threshold Efficiency (DOTE) has announced a strategic pivot aimed at driving profitability for TheTNetwork. This development follows recent leadership changes at Tether, which had previously signaled expansion into new business operations. - DOTE's initiative marks a significant shift in operational strategy - Move aligns with broader industry trends toward sustainable business models - Timing coincides with market developments in the wrapped Bitcoin sector This pivot could impact the network's position in the decentralized finance ecosystem, particularly in relation to Bitcoin-backed assets.
Threshold Treasury Guild Committee Financial Review
Wuji from the Threshold Treasury Guild Committee will present crucial 2024 financial data on Friday, February 14, at 9am ET. The presentation will provide essential context for: - DAO restructuring decisions - Future of thUSD - Other strategic initiatives Join the discussion in the Cryptogarden on [Discord](https://discord.gg/threshold). **Meeting Details:** - Date: Feb 14, 2024 - Time: 9am ET - Location: Discord - [Event Link](https://discord.gg/dsedTKZT?event=1339639821332905985)
tBTC Bridge Activity Reaches Record Levels in Early 2025
tBTC is experiencing unprecedented growth in bridge velocity and burn revenue in early 2025. The protocol has demonstrated significant adoption metrics: - Over 18,000 BTC has flowed through the system - Setting new records for bridge velocity - Establishing itself as a key permissionless Bitcoin on/off-ramp The protocol continues to gain traction as a low-slippage solution for Bitcoin bridging. Performance data and flow metrics are publicly trackable via [Dune Analytics](https://dune.com/queries/3524025/5926179). *Key Highlight*: tBTC's growth demonstrates increasing demand for permissionless Bitcoin bridging solutions.
TIP-100: The Future of Threshold Governance Proposal
A series of governance proposals discussing Threshold's future direction is currently active on Snapshot. The latest iteration, TIP-100, follows previous proposals TIP-098 and discussions about ending $T token inflation. - Voting is now live on Snapshot platform - Proposal continues previous governance discussions - Addresses token economics and protocol future Community members can participate in voting through the [Snapshot platform](https://snapshot.box/#/s:threshold.eth/proposal/0x37e4917f506d716e00f74d7aa2252fbe0a028c3c3df9432bbc57c5c3a90f3c91).
tBTC Integration Coming to Aave v3 on Arbitrum
Decentralized Bitcoin solution tBTC is being integrated into Aave v3 on the Arbitrum network. This development follows a governance proposal from November 2024 that sought to onboard tBTC as a supported asset. - Integration enables using tBTC as collateral on Aave - Allows users to earn yield on Bitcoin through DeFi - Maintains Bitcoin's decentralization principles The integration represents a significant step for Bitcoin DeFi interoperability, offering users a decentralized way to use BTC in lending protocols. [View Governance Proposal](https://governance.aave.com/t/temp-check-onboard-tbtc-to-aave-v3-on-arbitrum)