From 2d6fdfaa52385252c6b32426ea3ede0a6276e5e3 Mon Sep 17 00:00:00 2001 From: Joey Campbell <94755447+JC-fin@users.noreply.github.com> Date: Fri, 20 Sep 2024 16:28:34 -0700 Subject: [PATCH 1/2] =?UTF-8?q?Create=20News=20=E2=80=9C2024-09-20-tbtc-on?= =?UTF-8?q?-aave-proposal-passes-a-milestone-for-permissionless-money?= =?UTF-8?q?=E2=80=9D?= MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit --- ...es-a-milestone-for-permissionless-money.md | 38 +++++++++++++++++++ 1 file changed, 38 insertions(+) create mode 100644 src/pages/news/2024-09-20-tbtc-on-aave-proposal-passes-a-milestone-for-permissionless-money.md diff --git a/src/pages/news/2024-09-20-tbtc-on-aave-proposal-passes-a-milestone-for-permissionless-money.md b/src/pages/news/2024-09-20-tbtc-on-aave-proposal-passes-a-milestone-for-permissionless-money.md new file mode 100644 index 00000000..c40dccf5 --- /dev/null +++ b/src/pages/news/2024-09-20-tbtc-on-aave-proposal-passes-a-milestone-for-permissionless-money.md @@ -0,0 +1,38 @@ +--- +template: news-item +title: "tBTC on Aave Proposal Passes: A Milestone for Permissionless Money" +description: Aave’s liquidity pools are some of the most liquid and widely used + in the entire DeFi space, meaning that tBTC holders will now have access to an + array of lending and borrowing opportunities previously unavailable. +canonicalUrl: tbtc-on-aave +date: 2024-09-20T22:50:11.662Z +--- +We proudly announce that the [proposal](https://vote.onaave.com/proposal/?proposalId=168&ipfsHash=0xc6a9b3c0acd8996082cfea92cb8b8bd150f68425ad355909539311f710b8c40f) to onboard Threshold Network's tBTC to Aave v3 has been approved with **512.19K** votes in favor, exceeding the required **320.00K** votes and facing 0 votes against.  + +![tBTC on Aave](/img/tbtc.png "tBTC on Aave") + +Aave, one of the largest and most trusted money markets in the Ethereum ecosystem, has long been a cornerstone of DeFi. Aave’s liquidity pools are some of the most liquid and widely used in the entire DeFi space, meaning that tBTC holders will now have access to an array of lending and borrowing opportunities previously unavailable. The ability to earn yield on Bitcoin while keeping the principles of decentralization intact is a significant win.  + +tBTC stands out because of its unique approach to wrapping Bitcoin. While most other wrapped Bitcoin solutions require a trusted central party to mint tokens, tBTC is fully decentralized. As a result, tBTC offers unparalleled security, transparency, and accessibility.  + +## The Importance of tBTC's Decentralized Bridge + +At the heart of tBTC is a decentralized bridge maintained by the Threshold DAO. This bridge allows users to deposit their Bitcoin and mint tBTC, an ERC-20 token, in return. This bridge ensures users can interact with Ethereum’s ecosystem without relying on centralized custodians.  + +Unlike other solutions, tBTC uses forward security and probabilistic signer selection to mitigate the risk of attacks. Even if an entity gains control of 51% of the network’s $T stake, they still couldn’t access previously bridged BTC. + +## A Step Towards Permissionless Money + +The timing couldn't be better. As more institutional investors and DeFi participants seek ways to integrate Bitcoin into their portfolios without sacrificing decentralization, tBTC offers a solution that checks all the boxes. On-chain proof of reserves ensures complete transparency, while its governance model bolsters the trust needed for large-scale adoption. As tBTC becomes available on Aave, we anticipate a surge in adoption and could not be more excited.  + +## [Mint](https://dashboard.threshold.network/overview/network) tBTC and supply on [Aave](https://app.aave.com/markets/) to put your Bitcoin to work today!\ +\ +Links + +👾 Discord: + +🕊 X: [](https://twitter.com/MezoNetwork?ref=blog.mezo.org)   + +🏦 tBTC Mint Portal: [](https://mezo.org/hodl-with/curve) https://dashboard.threshold.network/tBTC/mint + +ℹ️ Docs: [](https://info.mezo.org/?ref=blog.mezo.org) \ No newline at end of file From a271e6abed22e03668f4d79e6c6e461cde3176e6 Mon Sep 17 00:00:00 2001 From: Antonio Salazar Cardozo Date: Mon, 23 Sep 2024 13:39:30 -0400 Subject: [PATCH 2/2] Fix numbers and links for Aave --- ...al-passes-a-milestone-for-permissionless-money.md | 12 +++++------- 1 file changed, 5 insertions(+), 7 deletions(-) diff --git a/src/pages/news/2024-09-20-tbtc-on-aave-proposal-passes-a-milestone-for-permissionless-money.md b/src/pages/news/2024-09-20-tbtc-on-aave-proposal-passes-a-milestone-for-permissionless-money.md index c40dccf5..0f04b022 100644 --- a/src/pages/news/2024-09-20-tbtc-on-aave-proposal-passes-a-milestone-for-permissionless-money.md +++ b/src/pages/news/2024-09-20-tbtc-on-aave-proposal-passes-a-milestone-for-permissionless-money.md @@ -7,9 +7,7 @@ description: Aave’s liquidity pools are some of the most liquid and widely use canonicalUrl: tbtc-on-aave date: 2024-09-20T22:50:11.662Z --- -We proudly announce that the [proposal](https://vote.onaave.com/proposal/?proposalId=168&ipfsHash=0xc6a9b3c0acd8996082cfea92cb8b8bd150f68425ad355909539311f710b8c40f) to onboard Threshold Network's tBTC to Aave v3 has been approved with **512.19K** votes in favor, exceeding the required **320.00K** votes and facing 0 votes against.  - -![tBTC on Aave](/img/tbtc.png "tBTC on Aave") +We proudly announce that the [proposal](https://vote.onaave.com/proposal/?proposalId=168&ipfsHash=0xc6a9b3c0acd8996082cfea92cb8b8bd150f68425ad355909539311f710b8c40f) to onboard Threshold Network's tBTC to Aave v3 has been approved with **755.14K** votes in favor, exceeding the required **320.00K** votes and facing 0 votes against.  Aave, one of the largest and most trusted money markets in the Ethereum ecosystem, has long been a cornerstone of DeFi. Aave’s liquidity pools are some of the most liquid and widely used in the entire DeFi space, meaning that tBTC holders will now have access to an array of lending and borrowing opportunities previously unavailable. The ability to earn yield on Bitcoin while keeping the principles of decentralization intact is a significant win.  @@ -29,10 +27,10 @@ The timing couldn't be better. As more institutional investors and DeFi particip \ Links -👾 Discord: +👾 Discord: -🕊 X: [](https://twitter.com/MezoNetwork?ref=blog.mezo.org)   +🕊 X:   -🏦 tBTC Mint Portal: [](https://mezo.org/hodl-with/curve) https://dashboard.threshold.network/tBTC/mint +🏦 tBTC Mint Portal: https://dashboard.threshold.network/tBTC/mint -ℹ️ Docs: [](https://info.mezo.org/?ref=blog.mezo.org) \ No newline at end of file +ℹ️ Docs: