amended TIP-092: Make T Great Again, Part 1
AI summary
This proposal, an amendment to TIP-092, aims to stop the issuance of new T tokens (the native cryptocurrency of the Threshold Network) that are currently used to incentivize node operators. It specifically ends rewards for tBTC stakers by February 15, waiving the 45-day unstaking cooldown period. Rewards for TACo stakers will continue for at least six months, with a new plan to be developed.
If passed, the Threshold Network will cease inflating its T token supply, which could affect the token's value by reducing sell pressure. tBTC stakers will no longer receive rewards and can unstake immediately, while TACo stakers will continue to be compensated for a transitional period. This proposal is considered a prerequisite for TIP-100, a broader strategic plan for the network.
Voting results
Votes over time
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🐳 Whale votes
6 votes > 5% VPFull proposal
Please note the 2 amendments to this TIP, as posted in comment on the TIP-92 Forum thread for feedback:
- No immediate change to TACo rewards. TIP-100 outlines a transition plan that is being actively developed, and tokens minted in TIP-94 are sufficient for “TACo stakers will continue to be compensated for their availability and service provision for at least six months”.
- tBTC rewards will end February 15 as described in TIP-100. Upon passage of TIP-92, tBTC stakers may begin the unstake process, and the 45-day cooldown requirement is waived. Development work is underway to allow tho…