Threshold Network

**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.

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.

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.

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!

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.

The November staking rewards can now be claimed in the Threshold dashboard. Legacy stakers will receive rewards from Nov 22nd to Dec 1st once the transition process is complete. The deadline for NU stakers to complete the transition is December 7th, 2023, and for KEEP stakers, it is February 23rd, 2024.

The Threshold Network community announces the minting of 520 million T tokens following the approval of TIP-053 and TIP-062. The minting will fulfill staking rewards for a year and provide a bonus to dedicated TACo stakers. Temporary funds have been injected into the claimable rewards contract to address recent issues with claiming rewards. Voting for the mint proposal can be done on Boardroom.

October staking rewards are now claimable in the Threshold dashboard. To earn rewards for the month of November, node operators need to update to client version `v2.0.0-m6` by November 15th, 2023. Instructions on how to upgrade nodes can be found in a message by @Vict0r.

The team has made progress in the staker set discussion by successfully executing a signing group with actively malicious players. This prototype work will lead to cheaper T staking on commodity hardware, larger signing groups on mainnet, and the retirement of the Beta Staker Program. Congratulations to the team and follow the repo for updates!

Threshold DAO, Mango DAO, Dual DAO, and CKS Systems are collaborating to redefine Bitcoin's presence on Solana. The collaboration aims to enhance Bitcoin's integration and use on the Solana ecosystem.