Introducing Verifiable Bitcoin Accounts by Threshold. Built based on what institutions actually need for Institutional Bitcoin deployment: segregated custody, preauthorized spending paths, signer combinations, timelocks, verifiable UTXOs, and clear recovery routes.

It's time to vote anon! tBTC is officially up to vote for listing on the @aave Ethereum mainnet market.

Snapshot voting for @tBTC_project's proposal has ended. ✅ The community voted in favor of adding a tBTC Core Market on @Base. 🗳 Vote Results: snapshot.moonwell.fi/#/propo…

The Base ecosystem is home for everyone and every asset Tokenized Bitcoin options on Base create new opportunities beyond assets built natively on Ethereum, helping Base achieve its goal of increasing economic freedom, creativity and innovation

🚨🐳 New Verus Whale Alert! 🐳🚨 $2,407,525.53 of $tBTC was just sent from 0x3ead...53f to 0x7151...f63 on the Verus/Ethereum Bridge in transaction oklink.com/eth/tx/0x9cd0ac29…

"Add tBTC to Moonwell Core Market on Base" has been submitted by @tBTC_project for Snapshot voting. If successful, the proposal will move to an onchain vote. 🗳 Vote (WELL): snapshot.moonwell.fi/#/propo… 🗣 Discuss: forum.moonwell.fi/t/tbtc-ass…

Q: What is Threshold $tBTC? A: The decentralized alternative to Wrapped BTC 🕊️🕊️🕊️ Discover why decentralization matters in this new deep dive from @bitcoinnews: bitcoin.com/get-started/what…

TIP-099: Claim ~9.5 tBTC from @tBTC_project Bridge Redemption Fees forum.threshold.network/t/ti…

Want to use #Bitcoin in DeFi but you don’t trust a centralized entity to custody your BTC? That is exactly why we built $tBTC.

🔥 @tBTC_project is now live on @aave 🔥 Say goodbye to centralized custody risks and hello to trust-minimized #Bitcoin on Aave. Borrow, lend, and earn with tBTC today. Your Bitcoin, your terms. ➟ app.aave.com/reserve-overvie…

$T.hreshold Governance Alert TIP-93: Proposed changes to the $tBTC fees are live for a governance decision via 4 Snapshots snapshot.box/#/s:threshold.e…. ℹ️ The outcomes of Parts 1 and 2 will determine the new tBTC mint (Part 1) and redeem (Part 2) fees, which will be implemented 30 days after these governance decisions are finalized. 🗳️ TIP-93 Part 1: tBTC mint fee options: snapshot.box/#/s:threshold.e… 🗳️ TIP-93 Part 2: [tBTC redeem fee options: snapshot.box/#/s:threshold.e… ℹ️ The outcomes of Parts 3 and 4 address additional aspects of TIP-93, as summarized below and detailed further on Snapshot: 🗳️ TIP-93 Part 3: give Treasury committee discretion to adjust tBTC fees: snapshot.box/#/s:threshold.e… This proposal empowers the Treasury Guild Committee (TGC) to modify @tBTC_project mint and redeem fees for six (6) months. If approved, a vote will follow to determine parameters of that discretion. 🗳️ TIP-93 Part 4: mandatory 30-day delay on fee changes: snapshot.box/#/s:threshold.e… This proposal introduces a mandatory 30-day delay for any fee changes to the tBTC protocol. If approved, this delay would apply to any fee adjustments approved through TIP-93 Parts 1 and 2, as well as all future fee changes. Be sure to review the proposals and make your voice heard by voting!

We're expanding our roster of assets on Fluid today starting with $tBTC from @TheTNetwork! We will have 3 different vaults including: 🌊 tBTC/GHO 🌊 tBTC/USDC 🌊 tBTC/USDT This gives you a variety of stablecoins to borrow against along with some of the cheapest leverage around!

Introducing the Collaterals for USA.d #2 (of 6) tBTC @tBTC_project Got tBTC? For the first time ever, set your own interest rates with USA.d Borrowing, on your terms.

bitcoin pairs up to 3775% apy @TheTNetwork

The Bitcoin Economy Conference 🟠 A one-day summit exploring Bitcoin's evolving role from static store of value to settling programmable economic infrastructure 🤝 🗓️ May 28th, 10.30am 📍 Wynn Las Vegas 🎟️ lu.ma/lvcznzre Full details: hozk.io/events/zk-the-bitcoi……

BitGo is pleased to announce the move of its WBTC business to the world’s first multi-jurisdictional and multi-institutional custody via a unique partnership and joint-venture with BiT Global. This upgrade will occur 60 days from today with no disruption or interruptions to the service. WBTC clients will continue to benefit from the same quality of service that WBTC has provided the community since 2019. Read more: blog.bitgo.com/bitgo-to-move…

Market down? Farmers keep stacking sats with the best-performing tBTC of @tBTC_project vault @base Pure tBTC input/output. Enter/exit anytime. Powered by @MoonwellDeFi

Literally just told someone to check tbtc this morning with the wbtc nonsense @DefiLesser

.@Forbes just launched a new Tokenized BTC index. Only 3 made the cut! forbes.com/digital-assets/ca…

Another week of great yields: report news.curve.fi/curve-best-yie…

@tBTC_project and @TheTNetwork recently been enabled in Helio 🚀 merchants can now choose to get paid in $tBTC 🔥

$tBTC is now listed on timechainindex.com @tBTC_project ranks amongst the top 150 on-chain #Bitcoin holders by entity! 🚀

Yes this is why @TheTNetwork would be my preference over cbBTC - as it is far more decentralised and can be easily redeemed against raw BTC. threshold.network/ iBTC is fully trustless, unfortunately it is simply not working under current conditions and we cannot afford to miss such an opportunity by waiting for it to move forward. I am not proposing to completely divest from either, just reduce our exposure and reliance on it.

.@Aave community members 🧑‍💻👩‍💻are gearing up to propose a plan to onboard @TheTNetwork’s TBTC, an alternative tokenized version of BTC, while @MakerDAO has passed an executive proposal to prevent any new borrowing from wBTC vaults🏦. @httpsageyd reports unchainedcrypto.com/lending-…

AAVE INTEGRATES CHAINLINK SVR ON ETHEREUM MAINNET TO RECAPTURE LIQUIDATION MEV AND INCREASE PROTOCOL REVENUE - @Aave has officially integrated @Chainlink Smart Value Recapture (SVR) on Ethereum Mainnet, marking a significant advancement in how DeFi protocols manage liquidation MEV. - This move, which was confirmed through an onchain vote, is expected to increase Aave's revenue and establish a new standard for the industry. Key Details: - The integration allows Aave to recapture liquidation MEV previously lost to blockchain networks. - By leveraging Chainlink SVR, a novel oracle solution, Aave can reclaim Oracle Extractable Value (OEV) generated from Chainlink Price Feeds. - Historically, tens of millions of dollars worth of OEV have been captured by block builders instead of returning to the DeFi protocols and oracle infrastructure that facilitated it. - This initiative ensures that value is redirected back to Aave and Chainlink. - The initial rollout includes select markets such as tBTC, LBTC, AAVE, and LINK, with plans to expand to more assets over time. - The revenue generated from recaptured OEV will be split between Aave (65%) and Chainlink (35%) for the first six months, per the Aave DAO's decision. Flashbots' MEV-Share service supports the Chainlink SVR integration, ensuring the process remains efficient and transparent. - Unlike other MEV-extraction methods, Chainlink SVR is designed explicitly for back-running liquidations and cannot be used for front-running or sandwich attacks. - This development also connects Chainlink SVR to Payment Abstraction, a cross-chain-enabled system that streamlines fee payments within the Chainlink Network. - A portion of the collected fees will be converted into LINK and made available to Chainlink service providers. - Future upgrades for Chainlink SVR are being worked on. Plans include enhancing decentralization, gas efficiency, and cross-chain capabilities, further solidifying its role in DeFi infrastructure. [Image obtained from X]

fact: tBTC > wBTC 💯

The Treasury should also buy BTC (@Lombard_Finance & @tBTC_project) and ETH. 1m DOT -> BTC 1m DOT -> ETH (and Ethereum tokens)

The word's out... tBTC is based!

🔌 by @immunefi

🚀 tBTC’s Record Growth & WBTC’s Great Unwinding • Decentralization’s rise amidst WBTC controversy • tBTC setting new velocity records • Insights from our X Space with @build_on_bob about Bitcoin bridges • Governance & more! 📰 Threshold Time 25: newsletter.threshold.network…

Are you riding the Bitcoin bull or working it? 🆕 $tBTC - $cbBTC: 45% APY 👉 app.beefy.com/vault/aero-cow…

A new Executive Vote is up in the Maker Governance portal. 🗳️ vote.makerdao.com/executive/… MKR holders and delegates can now use their voting power to support the changes listed below. If this proposal passes, the following actions will take effect within the Maker Protocol: 📊 WBTC Vault Debt Ceiling Reductions • WBTC-A, WBTC-B, and WBTC-C will be removed from the Debt Ceiling Instant Access Module (DC-IAM). • WBTC-A, WBTC-B, and WBTC-C Debt Ceiling will be set to 0 DAI. If approved, the changes will not impact existing borrowing positions in either the Maker Protocol's core WBTC vaults or SparkLend. 📉 Stability Fee (SF) Reductions • ETH-A: Decrease SF to 6.25%. • ETH-B: Decrease SF to 6.75%. • ETH-C: Decrease SF to 6.00%. • WSTETH-A: Decrease SF to 7.25%. • WSTETH-B: Decrease SF to 7.00%. • WBTC-A: Decrease SF to 7.75%. • WBTC-B: Decrease SF to 8.25%. • WBTC-C: Decrease SF to 7.50%. 📉 Dai Savings Rate (DSR) Reduction • DSR: Decrease the DSR to 6.00%. ⚡ Spark Proxy Spell A Spark Proxy Spell will be triggered at 0x4622245a1aaf0fb752F9cAC0A29616792b33F089, containing the following changes: [Mainnet] WBTC Risk Mitigations Following the latest suggestions by BA Labs, the WBTC market will see the following changes within SparkLend: • Disable WBTC borrowing. • Reduce WBTC Loan-to-Value (LTV) to 0%. Current WBTC positions and uses will remain unaffected for now. [Mainnet] Spark Effective DAI Borrow Rate Reduction • Decrease the Spark Effective DAI Borrow Rate to 7%. [Mainnet] Lido Liquid Staking Token (LST) Yield Oracle and Linked Interest Rate Model (IRM) Activation This proxy spell will activate the Lido LST yield oracle and the linked IRM for the ETH market on SparkLend with the following parameters: • base rate: 0%. • variableRateSlope1Spread: 0%. • CappedFallbackRateSource upperBound: 5.5%. • CappedFallbackRateSource lowerBound: 2%. • CappedFallbackRateSource defaultRate: 3%. • slope 2: 120%. 💰 Bug Bounty Payments The following payments as part of the bug bounty program will be distributed: • 100,000 DAI will be transferred to 0xA4a6B5f005cBd2eD38f49ac496d86d3528C7a1aa. • 10,000 DAI will be transferred to 0x7119f398b6C06095c6E8964C1f58e7C1BAa79E18 (immunefi.eth). 🖥️ ClipperMomJob Update The Keeper Network's ClipperMomJob will be updated through the following contract calls: • sequencer.removejob(0xc3a76b34cfbda7a3a5215629a0b937cbdec7c71a). • sequencer.addjob(0x7E93C4f61C8E8874e7366cDbfeFF934Ed089f9fF). 💸 July 2024 Aligned Delegate Compensation A total of 30.38 MKR and 128,672 DAI will be distributed to six Aligned Delegates and their teams as compensation for July 2024 as detailed in the poll details. 🏦 6S Capital Stability Fee Increase • Increase the RWA001-A Stability Fee to 9%. 🏦 Monetalis Clydesdale and Coinbase Custody DAO Resolutions The following DAO Resolution authorizing the actions needed for the winddown of the Monetalis Clydesdale and Coinbase Custody facilities will be approved: • Approve Monetalis Clydesdale and Coinbase Custody DAO Resolution with IPFS hash QmaYKt61v6aCTNTYjuHm1Wjpe6JWBzCW2ZHR4XDEJhjm1R. MKR holders and delegates, now is the time to engage and shape the future direction of MakerDAO. Vote directly through the Executive Proposal: vote.makerdao.com/executive/… or Delegate your MKR to one or more Recognized Delegates: vote.makerdao.com/delegates

Uber has no cars. Airbnb has no hotels. Bitgo has no BTC. This is the new economy.

Native @tBTC_project minting is live on @base — bringing BTC onchain without compromise. How to mint. Where to use it. Why it matters. 🧵 1/6

i see you @Forbes & @ForbesCrypto:

Whoa. @MakerDAO proposal by BA Labs to close all new WBTC debt. Presumably offboarding would follow a few months later forum.makerdao.com/t/wbtc-ch…

Bitcoin.com Launches Bitcoin Rewards at 30% APY news.bitcoin.com/bitcoin-com…

1️⃣/9️⃣ Multi-Collateral Perps for @arbitrum are now live for trading on @Kwenta_io Traders and LPs can take advantage of limited-time incentives ✨ 🧵⬇️

boosted bitcoin up to 40% apy

🚀 Exciting news! 🚀 $tBTC is now collateral on Mainnet and Arbitrum! @TheTNetwork Borrow against your $tBTC at a fixed rate and never deal with spiking borrow rates again.

Announcing the 'Bitcoin on BOB' Dashboard After launching in late April, BOB saw activity/growth spikes in May and July. Since then, BTC locked and BTC-related network metrics have stabilized To get a better idea of how BTC (in the forms of WBTC and tBTC) is being used on BOB, we built out a data dashboard to track network metrics The network metrics on this dashboard don’t track total BOB activity. Instead, they only track activity that involves a BTC asset Right now, we’re tracking the following on ‘Bitcoin on BOB’, updated daily: -BTC locked -transactions (for WBTC and tBTC) -transaction fees (from those WBTC and tBTC txs) -daily active addresses (interacting with WBTC or tBTC) Txs and daa are generally misleading metrics, particularly when comparing across networks. however, intra-network comparisons cut out a lot of that noise. Even so, some networks are better indicators than others. It’s very easy to sybil txs and daa, but BTC locked and revenue (ie tx fees) are not so easy to fake. The two latter metrics represent real capital, and are much higher signal imo This is v0 of the dashboard; there are a few kinks to be ironed out. Which other metrics would yall like to see? Which other networks would yall like to see covered? let us know! Presented by @BitcoinLayers , big thanks to @bolander72 @StackingSaunter and Moon @tbtc_project @WrappedBTC @build_on_bob

👀 Satoshi Nakamoto identity revealed on HBO? 😌 What truly matters to us is ensuring you can earn more from your BTC 📈 InceptionLRT is launching the first liquid restaked token for @thetnetwork's tBTC 🔥 Ready to make your Bitcoin work harder for you? With intBTC, you can: 🔹 Earn yields while staying liquid 🔹 Use BTC in DeFi without locking it up 🔹 Enjoy seamless integration across platforms Check out our blog post for a comprehensive guide on maximizing your BTC hustle: inceptionlrt.com/blog/tBTC-l…

The borrowing options on Spark just keep expanding ⚡️ 4 new assets have been onboarded to SparkLend. Enabling you to borrow against an even broader range of assets: 🔹 rsETH - @KelpDAO 🔹 ezETH - @renzoai 🔹 tBTC - @TheTNetwork 🔹 LBTC - @Lombard_Finance Explore upgraded borrowing on Spark👇 app.spark.fi/borrow

Ladies and Degentlemen of Crypto Twitter, $27 billion+ of Collaterals for USA.d has been declassified. Set your own interest rates, borrow on your terms. 12 days to go. asymmetry.finance/usadollar

tBTC usage on Base is up only just like our tBTC vault 👀

Bitcoin is having a moment. It's the ETF, it's Ordinals, it's the Halving, it's BitVM, it's @TaprootWizards and @Stacks, it's a wave of Bitcoiners who are ready to use BTC as an active asset again. Thankfully, we've built a bridge for that ☺️ blog.threshold.network/tbtc-…

This is why DeFi is such a big deal. The missing piece to Bitcoin’s puzzle. Financial tools without intermediaries are needed. So, get tBTC (actually decentralized wrapped Bitcoin), and put it in Aave (decentralized lending market) instead of relying on centralized services.

#Bitcoin Rewards now available on low-fee Polygon network 💥 Now it’s faster and easier than ever to start earning Bitcoin, currently at 198% APY 🤑 Here’s how it works: 1. Get Bitcoin.com’s $VERSE token on Polygon. 2. Deposit VERSE into the smart contract. And that’s it! Once your VERSE is staked, you’ll automatically be earning Bitcoin, currently at 198% APY. Step-by-step instructions👇 support.bitcoin.com/en/artic… Get VERSE 👉 verse.bitcoin.com/swap/ @TheTNetwork @tBTC_project @0xPolygon

Threshold is the only decentralized, permissionless Bitcoin Bridge. @TheTNetwork has been building with decentralization as its first principle, and offers a great solution in contrast to more centralized alternatives. 1/5 🧵 Today, we're going to take a closer look at tBTC:

🔵 Bitcoin just got Based. 🔵 BTC is entering its onchain era with @tbtc_project and @base! No more middlemen — native tBTC minting on Base lets BTC holders seamlessly move onchain and tap into Based DeFi. Decentralized. Permissionless. Built for Bitcoin.

Wow, I honestly think no better time for a WBTC competitor to come in quickly.

Next reward epoch for @tBTC_project tBTC/crvUSD lending market on arbitrum: 1140 ARB for the next week! Last weeks 380 ARB attracted 100'000 crvUSD on the supply side, which results in a total of 13.80% (11.70 % ARP from this rewards and 2.10 ARP from borrowers) So with 3x the reward, I expect to have around 300'000 crvUSD on the supply side at the end of the epoch. Short time, until more crvUSD supply flows in, the lending reward will be 3x too, so 30%-35% ARP. Borrow rate for crvUSD for now is 4%, utilization 53% and 8 loans have been created. More charts in the following tweet. lend.curve.fi/#/arbitrum/mar…

A lot of talk about $WBTC lately because of the upcoming controlling entity changes. ​ 💡If this has you worried, please note you can use our Loan Shifter to convert existing $WBTC positions to $tBTC. ​ Options currently available at DFS that support $tBTC include: - @CurveFinance & LlamaLend both have tBTC/crvUSD markets - @MorphoLabs has a tBTC/USDC market ​ Example: converting a Morpho WBTC/USDC position to tBTC/USDC: This is all available at app.defisaver.com/shifter/. ​ One thing we'll highlight is that using the Loan Shifter requires your positions to be on a Safe smart wallet (and existing, active positions can be migrated on almost all of the protocols we support). ​ For any additional questions or suggestions, join us in the DFS Discord server at: discord.com/invite/XGDJHhZ