TIP 072: Optimistic Redemptions
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 👇
https://forum.threshold.network/t/tip-072-optimistic-redemptions/793
Off-Chain Vote
For
319.06M T100%
Against
0 T0%
Abstain
0 T0%
Discussion
Timeline
Jan 30, 2024Proposal created
Jan 30, 2024Proposal vote started
Feb 06, 2024Proposal vote ended
Feb 08, 2024Proposal updated