Proposal TIP-105 : Claim tBTC from Brid
TIP-105 : Claim tBTC from Bridge Redemption Fees and transfer to the Threshold Committee multisig tl;dr Claim ~10.5 tBTC from Bridge Redemption Fees and transfer to Threshold Committee multisig. Background tBTC Bridge Redemption Fees Threshold DAO is accruing tBTC redemption fees as a bank balance in favor of its Governor Bravo Timelock Controller address as can be seen on the Bank Contract (balanceOf). In order to use these assets these fees should get claimed as tBTC ERC20 and transferred to Threshold Committee multisig as it was already performed successfully back in Jan 2025 under TIP-99 Proposal This proposal aims to include the transactions necessary to : - claim the tBTC obtained as redemption fees and transfer them to the Threshold Committee multisig to use as POL. Transactions to be included in this Governor Bravo governance process: - Execute the authorization to use the bank balance: increaseBalanceAllowance method (this function) - Execute the Claim: TBTCVault.mint from the GB address (this function). Once done that will claim TBTC ERC20 to the GB address. - Execute the Transfer to the Threshold Committee multisig: TBTC.transfer (this function).
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
John Packel | 295.152M | FOR |
0x7827...2f9406 | 268.724M | FOR |
0xcE37...6e22Af | 245.06M | FOR |
0x4f1e...B7aA74 | 509,954 | FOR |
0x3070...46eC29 | 101,343 | FOR |
VOTE POWER
Proposal Status
- Thu July 17 2025, 01:59 pmVoting Period Starts
- Sat July 26 2025, 08:54 pmEnd Voting Period
- Sat July 26 2025, 09:13 pmQueue Proposal
- Tue July 29 2025, 05:17 pmExecute Proposal
Current Results
1-FOR
809.547M
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
