TIP 54: tBTC & T, better together (Part 1)

Please read before participating!

The governance process for TIP 54 is broken down into two separate cycles.

Part 1 is the governance process for the second part of the proposal which includes deposit fees and rebates. This is a 3 day temp check snapshot. There are two actions resulting from this portion of the proposal:

1. Lower the tBTC deposit fee to 0.1%

2. 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