TIP-94: Mint 3 months of staking rewards
Key points
If passed by the DAO, this proposal would see the Threshold protocol mint 120 million Threshold work tokens (T) for future staking rewards Only 3 months of rewards is proposed, rather than 1 year, because discussion is ongoing to potentially eliminate (or reduce) emissions (see TIP-92)
The sum distributed, and therefore withdrawable, will depend on the average staking rate between December 1, 2024 and February 28, 2025
Unless pre-empted by TIP-92 or other TIP, every stake with a functioning TACo & tBTC node will grow by 15% APY based on the Stable Yield Mechanism
For the reward split schedule (between the two applications), see Threshold Improvement Proposal (TIP)-32; info on the last rewards mint (Dec. 2023) is here: https://forum.threshold.network/t/tip-53-mint-470m-threshold-work-tokens-for-dao-to-distribute-per-the-stable-yield-model/632
For full details and discussion see the Forum: https://forum.threshold.network/t/tip-94-mint-3-months-of-staking-rewards/997
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 John Packel | 125.53M | FOR |
 0x7827...2f9406 | 98.873M | FOR |
 0xA05B...353337 | 36M | FOR |
 0xD6f7...654197 | 15.548M | FOR |
 0x3070...46eC29 | 100,712 | FOR |
VOTE POWER
Proposal Status
- Sun December 22 2024, 02:35 pmVoting Period Starts
- Tue December 31 2024, 09:27 pmEnd Voting Period
- Wed January 01 2025, 02:59 pmQueue Proposal
- Fri January 03 2025, 03:39 pmExecute Proposal
Current Results
1-FOR
276.147M
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens