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Threshold Network · closed proposal

TIP-082: TTG Betastaker reimbursement and tBTC Redemption Fees Mint and Transfer

0x2844…4fD7·ended 2y ago·Discussion ↗·MEDIUM RISK
Voters
8
T voted
487.20M
Token price

AI summary

This proposal aims to reimburse the Threshold Treasury Guild (TTG) for T tokens that were delegated to early participants in the network, known as Beta Stakers. It also seeks to mint approximately 10 tBTC from accumulated redemption fees and transfer them to the TTG. Finally, it retroactively confirms a previous delegation decision (TIP-067).

Impact

If passed, the Threshold Treasury Guild will receive an unspecified amount of T tokens and approximately 10 tBTC, which is currently valued at around $600,000. This benefits the TTG by increasing its assets, but the impact on other stakeholders is not fully clear without knowing the exact amount of T tokens involved.

Read full proposal on Snapshot

Voting results

Yes487.20M (100.0%)
No0 (0.0%)
Abstain0 (0.0%)
487.20M T · 8 votersblock 20214500

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Threshold Network

This proposal has 3 purposes:

  1. Reimburse the Threshold Treasury Guild for T tokens delegated to Beta Stakers.
  2. Mint ~10 tBTC from Bridge Redemption Fees and transfer to the Treasury Guild.
  3. Act as retroactive confirmation of TIP-067 delegation. See full proposal on Forum for details.

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