Threshold Network

For the detailed proposal, see the TIP-062 forum proposal. https://forum.threshold.network/t/tip-062-taco-threshold-access-control-added-as-threshold-application-lock-up-bonus-pre-folded-into-taco/

If this proposal is accepted, TACo will officially become a Threshold application, with PRE services folded into TACo and discontinued as a standalone app. Additionally, one-off yield bonuses will be offered to stakers who authorize their tokens to be locked up for durations greater than 6 months.

Approval of this proposal will see the Threshold Council deploy the contracts required to add TACo. The 50m extra T required to pay out the bonus will either be drawn from an already approved minting round, or be added to the next mint proposal – both of which follow the normal token-holder governance process.

Watch the recent Staker Townhall to learn why the staker community will benefit from TACo becoming a Threshold app. Staker Townhall: https://www.youtube.com/watch?v=S-xJeNYo87k