While most founders sell, I’ve acquired an additional >2% of the total $T supply. Here’s why I’m doubling down on the work we’re doing at @TheTNetwork 👇
Last year, before we reorged Threshold, the DAO was bloated and unfocused. Our product suite was overly complex and, while legitimately decentralized, there was no accountability or coherent vision.
Our April reorg created a new, highly focused team with one singular goal: make @tBTC_project The Standard for Bitcoin Finance.
I’m incredibly proud of the work our team has done and what we have accomplished in 6 months. Since April,
- TVL in BTC ↑ >40%
- TVL in USD ↑ >110% (ATHs in both)
At a time when most other BitcoinFi projects have stagnated or lost traction, tBTC’s growth rate is accelerating.
Our recent launches on @Starknet and @SuiNetwork, the activation of direct redemptions on @arbitrum and @base, and upcoming support for gas-less minting are just the start.
We’re building the seamless rails to move Bitcoin liquidity to every chain that matters.
On top of this liquidity network sit tBTC-powered vaults, one-click yield strategies from teams like @MEVCapital, @upshift_fi, @avantgardefi, @enzymefinance + more.
These vaults will attract sticky BTC deposits and generate scalable revenue for the protocol.
With @TheTNetwork powering the Bitcoin Capital Markets, $T is the asset that captures the value:
- Buybacks
- Fee rebates for stakers
- Growing token utility
And the biggest unlock? Institutional self-custody.
We’ll have a lot more to say about this in the coming weeks but, large BTC holders will soon be able to mint tBTC directly from their own wallets and deploy into DeFi without intermediaries while maintaining full custody.
That means the entire Bitcoin balance sheet becomes deployable. When this goes live, tBTC will be the default choice for institutional Bitcoin liquidity, with the deepest on-chain liquidity.
tBTC is The Standard for Bitcoin Finance.
Threshold powers the Bitcoin Capital Markets.
And $T is the asset that captures the value.
LFG.
8.59K
55
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.