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Threshold Network · closed proposal
TIP-087: 90M T to accelerate tBTC growth, including on Base
Voters
12
T voted
717.46M
Token price
—
AI summary
This proposal, TIP-087, requests 90 million T tokens from the Threshold DAO treasury to fund initiatives aimed at increasing the adoption and usage of tBTC, a decentralized Bitcoin-backed asset. The funds will be used for various growth strategies, including expanding tBTC's presence on the Base blockchain, a new Layer 2 network built on Ethereum.
Impact
If passed, the Threshold DAO treasury will allocate 90 million T tokens (worth approximately $1.8 million at current prices) to accelerate tBTC's growth, potentially increasing its market share and utility. This benefits tBTC users and the Threshold ecosystem by expanding its reach, but it reduces the DAO's treasury reserves.
Voting results
FOR717.46M (100.0%)
AGAINST0 (0.0%)
ABSTAIN0 (0.0%)
717.46M T · 12 votersblock 20758578
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Threshold Network
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