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executedEnded 3 years ago ยท  Onchain

TIP 54: tBTC & T, better together (Part 1) <br />The governance process for TIP 54 is broken down into two separate cycles.

By 0x1Ba8...8A4e58

Part 1 is the governance process for the second part of the proposal which includes deposit fees and rebates. There are two actions resulting from this portion of the proposal:

Lower the tBTC deposit fee to 0.1%

Transfer 13M T from the DAO to the threshold treasury multisig to manage a fee rebate program

The remainder of the proposal including details of the buy back and make program are still under DAO discussion and will be put to a separate governance cycle when appropriate.

Full details for this proposal are available on the forum here -

https://forum.threshold.network/t/tip-54-tbtc-t-better-together/635

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0
Votes 12
VoterCast PowerVote & Rationale
0xC4f0...6dB1be
300M

FOR

0xcE37...6e22Af
120.236M

FOR

John Packel
120.236M

FOR

0x7827...2f9406
96.118M

FOR

0x1Ba8...8A4e58
60.118M

FOR

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VOTE POWER
0
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Proposal Status
  • Thu August 17 2023, 07:29 pmPublished Onchain 0x1Ba8...8A4e58
  • Sat August 19 2023, 04:10 pmVoting Period Starts
  • Mon August 28 2023, 11:21 pmEnd Voting Period
  • Fri September 01 2023, 02:30 amQueue Proposal
  • Wed September 06 2023, 03:24 amExecute Proposal
Current Results

1-FOR

779.303M

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
Quorum 779.303M/157.725M
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