Executed

TIP-072 Follow-Up: Redemption Watchtower Parameters


Proposal ID

935110...4615

Proposed

Sep 29th, 2025

Result details
Final Votes

Quorum

461.96M of 150M

Majority support

Yes

For

461.96M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xB8dF...E6D3

updateWatchtowerParameters(..)

Custom

Account

0xB8dF...E6D3

Method

updateWatchtowerParameters(..)

Proposal

tl;dr

Finalize the parameter updates already approved under TIP-072 by extending the watchtower lifetime and confirming the intended veto/objection settings.

Rationale:

Given the ongoing threat that stolen/illicit funds may be used to redeem BTC, Threshold Committee recommends renewing the Optimistic Guardian functionality for another 18 months.

Additionally, the required Governor Bravo transaction being queued sets the financial penalty for vetoed redemptions at 5%, as approved in the Snapshot cited in the previous comment but never implemented (an oversight).”

Parameters

  • _watchtowerLifetime (uint32) = 46656000
  • _vetoPenaltyFeeDivisor (uint64) = 20 - as per TIP-072
  • _vetoFreezePeriod (uint32) = 2592000
  • _defaultDelay (uint32) = 7200
  • _levelOneDelay (uint32) = 28800
  • _levelTwoDelay (uint32) = 86400
  • _waivedAmountLimit (uint64) = 0
Final Votes

Quorum

461.96M of 150M

Majority support

Yes

For

461.96M

Against

0

Abstain

0

Final Votes
Status

Mon Sep 29, 05:26 pm

Published onchain

Thu Oct 2, 07:01 pm

Voting period started

Sun Oct 12, 12:33 am

Voting period ended

Sat Oct 11, 06:33 am

Proposal queued

Mon Oct 13, 02:52 pm

Proposal executed