Threshold USD is Live, Build on BOB Spice tBTC Bonus, and much more!

Threshold Time #20

Threshold Time

Welcome to Threshold Time — a digest of the most newsworthy and exciting developments of Threshold Network.
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NETWORK UPDATES

thUSD is live!

With the launch of Threshold USD, anyone can now take out loans against their Bitcoin and Ether without the burden of ongoing interest payments. The protocol charges only a one-time loan origination fee of 0.5%, making it an exceptionally cost-effective, long-term option for users looking to leverage their BTC or ETH without selling. 

BOB Fusion Spice Harvest with tBTC

Build on Bitcoin, an upcoming Bitcoin L2, has launched BOB Fusion Season 1 and tBTC holders can lock their assets for Spice points. What are Spice points? Nobody knows yet but tBTC gets the most Spice! Start stacking extra spice with tBTC and the Threshold DAO referral code: fusion.gobob.xyz

tBTC Mint Fees Waived

Eager to participate in the BOB Fusion Spice drop or borrow against your BTC with Threshold USD? Great news — tBTC mint fees are waived! Mint tBTC now! 

AROUND THE DAO

Threshold DAO Hiring for Marketing

Threshold Network’s DAO has approved a proposal to create a second part-time marketing role to expand our capabilities and support the growing complexity of our product offering and message.

We need a dynamic, leadership-oriented, crypto-native contractor to effectively create and guide the DAO’s marketing strategy, as well as lead cross-functional work streams in alignment with stakeholders. Learn more and apply for the role: web3.career/threshold-network-dao-marketing

Thesis* Stealth Mode

Thesis*, the venture studio behind the Keep Team, is heads down building for the Bitcoin Renaissance. Thesis* is rumored to be building new use-cases for tBTC that will drive more demand for the only decentralized, scalable and battle-tested Bitcoin bridge to DeFi.

Follow Thesis* and Threshold on X to be first to hear all of the exciting news! To get started staking your $T tokens, visit the Threshold Staking Docs.

Threshold DAO Contributors Headed to ETHDam & ETHBoston

Threshold is thrilled to announce that DAO contributors are headed to two Ethereum conferences in April to support, grow, and foster the development of the web3 ecosystem. Register for the events and come build with Threshold:

Register for ETHDam: linktr.ee/ethdam

Register for ETHBoston: ethboston.xyz

Threshold DAO in the Wild at ETHDenver 2024

Threshold DAO met a ton of great buidlers at ETHDenver 2024, gave out 5,000 Magic Internet Money tBTC Bufficorn shirts, and saw some really cool things built with Threshold’s suite of services. Arjun Hassard and James Campbell, of the NuCypher development team, gave an awesome TACo talk Web3’s Day One Decentralized Access Control Plugin.

Arjun Hassard also represented the Threshold DAO at the Silk Hacker House and introduced TACo to a cohort of developers. The Threshold DAO sponsored the SheFi Summit at ETHDenver 2024 and enjoyed meeting tons of the awesome women of Web3. We also participated in the Build on Bitcoin Hackerhouse and were able to introduce a cohort of Bitcoin developers to tBTC and the SDK. The BUIDLathon at ETHDenver brought some really innovative use cases that were showcased by TACo and tBTC SDK hackers during judging. Check out the winning TACo and tBTC SDK bounty winners. We are already eagerly awaiting ETHDenver 2025!

David Nuñez presented TACo at the Web3 Entrepreneurship and Business Models event held in Málaga, Spain. The University of Málaga has been a longtime Threshold contributor, originally brought in from the NuCypher University Staking Program.

ICYMI

  • Pantera Capital recently featured tBTC in their Blockchain Letter and posed the question: “How much is Bitcoin DeFi worth?” See what folks at Pantera Capital had to say in The Absence of Bad Things.

  • Matt Luongo authored tBTC is for L2s and says “Bitcoin is having a moment”. Read how all of the current Bitcoin events have led to a renewed interest in Bitcoin L2s and tBTC.

INTERACT WITH THRESHOLDERS

All meetings are accessible via Discord (except as noted): go to Voice Channels and click on Cryptogarden.

Meeting times can change, so always good to confirm in Events (at the very top of the Discord server’s left navigation).

Integration Guild weekly call: Mondays at 4pm EST

Treasury Guild weekly call: Wednesdays at 8am EST

Community call: variable (check Events for date and time)

Marketing Guild call: variable (check Events for date and time)

ADDITIONAL RESOURCES

WHAT DO YOU THINK?

Have questions, comments or suggestions for this newsletter? We'd love to hear them! Please send to [email protected].

You can also hop into the Threshold Network Discord and get involved. If you’d like to join the Threshold Marketing Guild go to the #dao-contribute channel at the top of the Discord and select the emoji, which will open the guild channels to you (the Integrations and Treasury guilds are available there, too).