Executed

TIP-105 : Claim tBTC from Bridge Redemption Fees and transfer to the Threshold Committee multisig **tl;dr** Claim ~10.5 tBTC from Bridge Redemption Fees and transfer to Threshold Committee multisig. **Background** tBTC Bridge Redemption Fees Threshold DAO is accruing tBTC redemption fees as a bank balance in favor of its Governor Bravo Timelock Controller address as can be seen on the Bank Contract (balanceOf). In order to use these assets these fees should get claimed as tBTC ERC20 and transferred to Threshold Committee multisig as it was already performed successfully back in Jan 2025 under TIP-99 **Proposal** This proposal aims to include the transactions necessary to : - claim the tBTC obtained as redemption fees and transfer them to the Threshold Committee multisig to use as POL. Transactions to be included in this Governor Bravo governance process: - Execute the authorization to use the bank balance: increaseBalanceAllowance method ([this function](https://etherscan.io/address/0x65Fbae61ad2C8836fFbFB502A0dA41b0789D9Fc6#writeContract#F6)) - Execute the Claim: TBTCVault.mint from the GB address ([this function](https://etherscan.io/address/0x9C070027cdC9dc8F82416B2e5314E11DFb4FE3CD#writeContract#F11)). Once done that will claim TBTC ERC20 to the GB address. - Execute the Transfer to the Threshold Committee multisig: TBTC.transfer ([this function](https://etherscan.io/address/0x18084fbA666a33d37592fA2633fD49a74DD93a88#writeContract#F10)).


Proposal ID

291122...0304

Proposed

Jul 15th, 2025

Result details
Final Votes

Quorum

809.55M of 150M

Majority support

Yes

For

809.55M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x65Fb...9Fc6

increaseBalanceAllowance(..)

Custom

Account

0x65Fb...9Fc6

Method

increaseBalanceAllowance(..)

Custom

0x9C07...E3CD

mint(..)

Custom

Account

0x9C07...E3CD

Method

mint(..)

Custom

0x1808...3a88

transfer(..)

Custom

Account

0x1808...3a88

Method

transfer(..)

Proposal

TIP-105 : Claim tBTC from Bridge Redemption Fees and transfer to the Threshold Committee multisig tl;dr Claim ~10.5 tBTC from Bridge Redemption Fees and transfer to Threshold Committee multisig. Background tBTC Bridge Redemption Fees Threshold DAO is accruing tBTC redemption fees as a bank balance in favor of its Governor Bravo Timelock Controller address as can be seen on the Bank Contract (balanceOf). In order to use these assets these fees should get claimed as tBTC ERC20 and transferred to Threshold Committee multisig as it was already performed successfully back in Jan 2025 under TIP-99 Proposal This proposal aims to include the transactions necessary to : - claim the tBTC obtained as redemption fees and transfer them to the Threshold Committee multisig to use as POL. Transactions to be included in this Governor Bravo governance process: - Execute the authorization to use the bank balance: increaseBalanceAllowance method (this function) - Execute the Claim: TBTCVault.mint from the GB address (this function). Once done that will claim TBTC ERC20 to the GB address. - Execute the Transfer to the Threshold Committee multisig: TBTC.transfer (this function).

Final Votes

Quorum

809.55M of 150M

Majority support

Yes

For

809.55M

Against

0

Abstain

0

Final Votes
Status

Tue Jul 15, 05:29 pm

Published onchain

Sat Jul 19, 05:31 am

Voting period started

Mon Jul 28, 11:04 am

Voting period ended

Sat Jul 26, 09:13 pm

Proposal queued

Tue Jul 29, 05:17 pm

Proposal executed