26 sats \ 0 replies \ @TheBTCManual 5 Sep \ parent \ on: Last cycle, FTX printed paper Bitcoin, who is doing it this time? bitcoin
From what I gather they propose to remove BitGo as the custodian, and replace it with Threshold’s DAO for WBTC while also disabling tBTC minting, allowing existing tBTC holders to redeem WBTC at a 1:1 ratio.
https://forum.threshold.network/t/savewbtc-a-merger-with-thresholds-tbtc/923