tl;dr
Claim ~1.58077369 tBTC (158,077,369 sats) from accumulated tBTC Bridge fees and transfer it to the Threshold Committee treasury multisig.
Background
Threshold DAO accrues protocol fees from tBTC Bridge activity as a Bank balance credited to the Governor timelock. Depending on active DAO-approved fee parameters, Bridge fee relate to mint and redemption flows.
Periodic claims convert the timelock's Bank balance into tBTC via TBTCVault and transfer it to the Threshold Committee treasury multisig for DAO-directed treasury operations.
This proposal follows the same operational pattern as the latest executed routine fee claim, Claim tBTC from Bridge Fees (Routine Execution), which executed at block 25325691 and claimed 161,776,434 sats (~1.61776434 tBTC). This execution uses the current accrued fee amount.
Proposal
Execute the standard 3-step fee claim:
- Increase the timelock's Bank balance allowance for TBTCVault
- Mint the corresponding tBTC from TBTCVault
- Transfer the minted tBTC to the Threshold Committee treasury multisig
Parameters
- Amount:
158,077,369 sats (~1.58077369 tBTC)
- Recipient:
0x71E47a4429d35827E0312Aa13162197C23287546
- Balance source:
Bank.balanceOf(Governor timelock) checked at Ethereum block 25546746
Notes
- No new permissions or contracts.
- Same execution pattern as TIP-107; this is a maintenance sweep of accumulated tBTC Bridge fees.