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closedEnded 2 years ago ยท Snapshot (Offchain)

TIP 072: Optimistic Redemptions

By 0x8122...D9Bd32

Overview

This proposal introduces Optimistic Redemptions into the tBTC system. Optimistic Redemption is a mechanism that allows for the responsible elimination of the maintainer as a single point of failure. It empowers the Threshold DAO with a safeguard in the event of malicious redemption requests such as those sourced from a bridge hack. This proposal marks a milestone in the progressive decentralization of tBTC.

The full proposal is available on the forum here ๐Ÿ‘‡

https://forum.threshold.network/t/tip-072-optimistic-redemptions/793

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Votes 12
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John Packel
125.53M

For

0x7827...2f9406
98.765M

For

0xA05B...353337
36.088M

For

HugeBoar
36M

For

0xFEf6...7cFcEc
7.69M

For

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Proposal Status
  • Tue January 30 2024, 05:01 pmVoting Period Starts
  • Tue February 06 2024, 05:01 pmEnd Voting Period
Current Results

1-For

319.058M

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