TIP-043 Coverage Pool Migration
AI summary
This proposal aims to shut down the existing 'Keep-only Coverage Pool' and replace it with a new 'T-only coverage pool' within the Threshold Network. The plan involves a discreet deployment of the new pool, self-funding it, and reducing operational costs for the DAO.
If passed, the Threshold Network's coverage mechanism will shift to exclusively use T tokens, potentially streamlining operations and reducing costs for the DAO. The direct financial impact on individual token holders or the treasury is not specified in this overview.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Overview:
This is a proposal to gracefully sunset the Keep-only Coverage Pool and migrate to a new T-only coverage pool.
The key components of this plan are: stealth deploy, self seed and reduce DAO cost.
Full proposal is available in the forum: https://forum.threshold.network/t/tip-043-coverage-pool-migration/465