Threshold Time

Issue #9 • December 2022

Welcome to Threshold Time - a digest of the most newsworthy and exciting developments of Threshold Network.

NETWORK UPDATES

A

An exciting update for all stakers! Last month’s rewards are now ready to claim. Just stop by  dashboard.threshold.network/staking, connect your wallet and follow the instructions to claim.

B

Are you interested in running your own node? Please Join Us in discord.gg/threshold; you can read up on all the DAO activities, through participation - gain access to a variety of different role gated channels, and connect with our community!  

Prefer to work at your own pace? Please visit docs.threshold.network for in depth project information and handy Staking Guides to help you get started!

C

The T Network is integrating Chainlink’s Proof of Reserve (PoR) Feature. PoR will automatically monitor all BTC Reserve Wallets, helping to increase the transparency of the tBTC v2 Bridge.

https://twitter.com/chainlink/status/1593257667601911808

D

In case you missed it…

The Threshold DAO hosted its monthly Community Call on 12/02/2022 ☎️ Another fun and informative call took place right in our Discord server. If you missed the call, please find a recording here in Threshold’s YouTube channel:   https://youtu.be/qdiaHAnrfTU

E

Important round of Threshold DAO Governance updates

An important round of Governance proposals and discussion were presented at  https://forum.threshold.network with voting taking place through Snapshot.org.

🗳️ TIP-044: - Modifying Council election schedule and terms:

<https://snapshot.org/#/threshold.eth/proposal/0xf52f695c832a8c265a0074fb616fb5372e9649feb893fd2c87063fddd6f822bc>

🗳️  TIP-039 - Modified Proposal for Gas Reimbursements: <https://snapshot.org/#/threshold.eth/proposal/0x9cb74754cda60277ef70970bfe85daba940ebe19849262b58122dc6582ffd253>

🗳️ TIP-041: - Establish a bug bounty program Has Passed!

https://snapshot.org/#/threshold.eth/proposal/0xe8ec4703d270f1f3c0562517098be9d8daeb6c8b357009d2e2a222a074579ae4

🗳️ TIP-042: Protecting DAO Contributors has Passed but multiple people have asked that we not emphasize this work publicly (since we’ve been operating without any legal entity). moved^[a][b] onto a snapshot

https://snapshot.org/#/threshold.eth/proposal/0xe8a04016cb65cac932dc9e422735a0ad580aa469ffc662ec7604c74f1670b64e

🗳️ TIP-043: Coverage Pool Migration has moved onto a snapshot

https://snapshot.org/#/threshold.eth/proposal/0xdf2f3bd6c81a96791d35abe6f756249b1626023fb11636a92c7ba11a4384c575

And open discussion on an extension to the relay maintainer funding proposal, was kicked off at: https://forum.threshold.network/t/request-for-feedback-open-discussion-on-extending-the-relay-maintainer-cost/471

Be sure to stop by the Forum, sign up or log in, and make your opinion count!

F

An Update on Threshold DAO

The Marketing Guild has welcomed two new members, following nominations and election process. We are excited to welcome @beemeeupnow and Will to the Guild!

The Treasury Guild welcomes three new members this month: SAP, Will and John_Packel!

The Community also welcomed our new @keep_project | Threshold, Head of Business Development: @blockchain_bri

Welcome aboard, everyone! 

G

Intro to Threshold 101 Course launched to the Threshold community!

A new educational course, built by our very active community member @Nous, was soft launched this month. We encourage everyone to review and complete the course here: https://101.xyz/course/claqymc0v067108kyden9aehq. Please feel free to share any comments or feedback with the Marketing Guild in Discord https://discord.gg/threshold

H  

Be sure to check out all the great blogs posted by our contributing members! https://blog.threshold.network is an excellent resource for learning about the DAO, keeping up to speed with ongoing DAO activities, and all the great editorials from our community!  

Examining the ‘Honesty’ Assumption: https://blog.threshold.network/examining-the-honesty-assumption/

Bridging the Gap: The Basics of tBTC: https://blog.threshold.network/bridging-the-gap-the-basics-of-tbtc/

Threshold needs YOU: https://blog.threshold.network/threshold-needs-you-to-participate-in-governance/

Threshold Network To Integrate Chainlink Proof of Reserve: https://blog.threshold.network/threshold-network-to-integrate-chainlink-proof-of-reserve-to-help-securely-mint-tbtc-v2/

Timeline for the Launch of tBTC v2: https://blog.threshold.network/an-updated-timeline-for-the-launch-of-tbtc-v2/

I

Our international community is growing! And to welcome our new members, the DAO has created an ongoing series of international blogs:

- Korean | https://blog.threshold.network/korean/

- Mandarin Chinese | https://blog.threshold.network/chinese/

- Spanish | https://blog.threshold.network/spanish/

- French | https://blog.threshold.network/french/

J

Have you Delegated?

A crucial piece of the Threshold DAO is governance.

With over TKTKTKT in the Threshold treasury it is essential to have contributors involved in the everyday decision making of the DAO. All T token holders are able to participate in governance decisions by simply delegating their T tokens, whether to themselves or to a self-nominated Threshold delegate.

https://forum.threshold.network/t/threshold-dao-delegates/325

https://dune.com/queries/614895

https://thresholdnetwork.notion.site/Delegation-Guides-d1aabf59a90c4f979179586e2e490e73

K

Support Ticket System Launched with Background Network

The Threshold Network Community has been growing and we welcome many new members to our Discord server each month. To help assist with onboarding, product related issues including tBtc and PRE, and any of the issues that come along the way, a New Support Ticket System has been launched!

View the guide here:

https://thresholdnetwork.notion.site/Support-Ticket-Guide-e3557fc2726e49c5a05a6ecfc3fc8a25

With the assistance of The Background Network a support ticket bot has been added to our Discord server. Simply access the “Support Ticket Channel” under the “Applications” in the left navigation, and you can easily open a support ticket.

The new ticket mechanism will ensure each question and troubleshooting request is directed to the proper channel and team member, by tagging a discord member. The ticket system also logs the time and date of requests, allowing requests to be answered in order, and in a timely fashion.^[c][d]

The Ticketing Systems is a great benefit to the community and we look forward to tracking the progress and added efficiency over the coming months.

L

Bubblemaps Providing Transparency into Distribution

The Threshold Network has been listed on https://bubblemaps.io/ providing “Innovative Visuals for Blockchain Data”.

Bubblemaps uses an auditing tool taking Token Data and assigning it to easy-to-understand, colorful, bubbles that create a map. Individuals can investigate wallets, reveal connections, and see visual maps of otherwise confusing blockchain data.

With the historic merger of the NuCypher and Keep work tokens, and the creation of one new, upgradable Threshold work token, it is important to maintain transparency. Bubblemaps offers a unique visual interface. We are excited to be selected by BubbleMaps and look forward to the insight this tool can provide.

https://app.bubblemaps.io/eth/token/0xcdf7028ceab81fa0c6971208e83fa7872994bee5

https://twitter.com/bubblemaps/status/1580256989141139461?s=46&t=oxnD_VxOFcxwXbAFccbAPg

M

Have you created your https://galxe.com/ Account Yet?

Web3 and Blockchain enthusiasts have been building their “Digital Identities” to demonstrate participation and knowledge credentials. By collecting On-Chain Achievement Tokens aka “OATS”, individuals can create a totally anonymous decentralized resume, linked to a wallet address. Many of these tokens also have future uses!

The Threshold Network DAO is working directly with https://galxe.com/ who hosts one of the largest credentialing and achievement platforms. Threshold was an early supporter and participant with Galxe and has already launched some exciting campaigns. Community members can easily sign up, link their Discord and Twitter accounts, and receive OAT’s for events, community calls, and Twitter campaigns  they attend.

We recently launched the First Year Fren OAT, a free-to-claim token commemorating everyone that joined our community during the inaugural year. Stop by: https://galxe.com/Threshold/campaign/GCc65UwtaU to claim yours today! The easy to complete tasks are, Follow Threshold on Twitter, Join our Discord, and Claim your OAT (see instructions in the “details” section). 

N

COMMUNITY CREATIONS (OH SO THRESHOLD!)

https://twitter.com/xtrustless/status/1598456625735823364

https://twitter.com/mrsthreshold/status/1598727678999281665

O

INTERACT WITH THRESHOLDERS

Each month The Threshold DAO hosts a number of calls right in our Discord server. You can join the call and “lurk” to learn more, or unmute your mic to join in the conversations. We encourage a health discussion, new ideas, and any contributions beneficial to the DAO!

Be sure to stop by our exciting, informative, and entertaining monthly events!

Monthly Community Call: last Friday of each month at 3pm EST (Discord > Voice channels > The Hangout)

Marketing Guild Sync: Thursdays 1PM EST (Discord > Voice channels > The Hangout)

Integration Guild Call: Tuesdays at 1pm EST (Discord > Voice channels > The Hangout)

Treasury Guild Call: Fridays at 8am EST (Discord > Voice channels > The Hangout)

Special Event:

Threshold Council Nominees Meet and Greet: Friday 12/16/2022 at 3PM EST

(Discord > Voice channels > The Hangout)

Special Event:

Contributor Sync Call: Friday 12/16/2022 at 12PM EST

(Discord > Voice channels > The Hangout)

P

ADDITIONAL THRESHOLD RESOURCES (Links added at posting)

Websites: Threshold.network, Keep.network, Nucypher.com

Discord: Threshold

Twitter: Threshold, NuCypher, Keep

Threshold Notion

Threshold Github

Threshold Reddit

Threshold Telegram

Threshold YouTube

Threshold Docs

Q

Do you have questions, comments or suggestions for this newsletter?

We'd love to hear them! Please hop into the Threshold Network discord and get involved.

If you’d like to provide feedback on the newsletter or marketing,pleas join the Threshold Marketing Guild by going to the #claim-a-role channel at the top of the discord and select the emoji. Claiming the role will open the guild channels to you (the Integrations Guild is also available inside).

COMMUNITY CALL NOTES

Created and shipped with love,

by Threshold Marketing Guild

Shout Out to Nico186 and MrsNuBooty for preparing this month’s issue!

Community Call Log: Overview of Key Moments:

3:40 Call Agenda Overview

5:25 Shoutout to Our Contributors

10:00 Kudos to new contributors and expanded roles

11:45 Threshold News

14:10 Highlights from Marketing Guild activity

37:10 Council Nominees "Meet & Greet" Session 12/9/2022

Community Call Slide Deck: https://docs.google.com/presentation/d/1FM9z2WVTsoS8JgiGL83t0g1r1B-ozp9VSSdYSoDg7cM

Detailed Community Call Moments^[e][f][g]:

00:00 Greetings

2:30 Threshold Galxe OAT https://galxe.com/Threshold/campaign/GCmHiUw6kg

3:00 The host, Nico186 begins the call

3:40 Overview of Call Agenda

5:25 Contributor shoutouts - Open Mic

10:00 Welcome to new Threshold Marketing Guild Committee members: Beemeeupnow and Will

11:10 Welcome to new Threshold Treasury Guild Committee members: Sap, Will and John Packel

11:25 Welcome to new Threshold | Keep, Head of Business Development: Brian Mahoney

11:45 Threshold News w/ John Packel

12:10 Open Call for Delegates https://forum.threshold.network/t/threshold-dao-delegates

12:30 Cat Problem

12:45 Threshold Staking Rewards for November are available to claim! https://dashboard.threshold.network/staking

12:55 Overview of Recent Snapshot Governance

- Coverage Pool Migration TIP-041 approved

- $500k Bug Bounty Program TIP-043 approved

13:05 Chainlink integration for tBTC v2 Bitcoin Proof of Reserves https://blog.threshold.network/threshold-network-to-integrate-chainlink-proof-of-reserve-to-help-securely-mint-tbtc-v2/

13:40 Many centralized bridges lack this transparency

14:10 Highlights from the Marketing Guild

15:15 ETHDenver 2023

16:00 2023 {the year of the Threshold DAO}

16:40 The Marketing Guild is sponsoring 5 DAO contributors for travel

18:50 Reminder that ETHDenver 2023 applications are open

https://ethdenver.typeform.com/to/FFN8e1Cz

19:30 Shout to NuCypher for 6 years of sponsoring ETHDenver!

20:30 New episode of One Fern Two Keys with Shannon Ewing coming in January!

21:30 tBTC v2 Educational Content Contest launched on Layer3 - $750 USDC awarded to the best content creator

https://beta.layer3.xyz/contests/teach-the-world-about-tbtc-v2

22:25 Intro to Threshold course quietly launched early to the Threshold community! Complete it here: https://101.xyz/course/claqymc0v067108kyden9aehq

and if you have feedback please provide to the Marketing Guild in Discord https://discord.gg/threshold

23:30 Threshold Blog Content Overview

Examining the ‘Honesty’ Assumption: https://blog.threshold.network/examining-the-honesty-assumption/

Bridging the Gap: The Basics of tBTC: https://blog.threshold.network/bridging-the-gap-the-basics-of-tbtc/

Threshold needs YOU: https://blog.threshold.network/threshold-needs-you-to-participate-in-governance/

Threshold Network To Integrate Chainlink Proof of Reserve: https://blog.threshold.network/threshold-network-to-integrate-chainlink-proof-of-reserve-to-help-securely-mint-tbtc-v2/

Timeline for the Launch of tBTC v2: https://blog.threshold.network/an-updated-timeline-for-the-launch-of-tbtc-v2/

24:05 International Blog:

- Korean | https://blog.threshold.network/korean/

- Chinese | https://blog.threshold.network/chinese/

- Spanish | https://blog.threshold.network/spanish/

- French | https://blog.threshold.network/french/

25:45 Reclaiming the Term ‘Decentralization’ https://blog.threshold.network/reclaiming-the-term-decentralization/

26:40 Recruiting New Independent Node Operators

Resources:

Notion: https://thresholdnetwork.notion.site/Information-Sources-in-Threshold-aecf9430e73d441da14248363279a937

Documentation: https://docs.threshold.network/

Threshold github: https://github.com/threshold-network

28:00 Threshold Tech Support is available on Discord https://discord.gg/threshold in the #Support channel

31:30 Node Workshop Recording: - https://youtu.be/3wVzCTkHEGw

36:20 Threshold Staking Docs: https://docs.threshold.network/staking-and-running-a-node/migrating-legacy-stakes

tBTC | Threshold/Keep Node Docs: https://docs.threshold.network/staking-and-running-a-node/running-a-node/self-managed/tbtc-v2-node-setup

PRE | Threshold/NuCypher Node Docs: https://docs.threshold.network/staking-and-running-a-node/running-a-node/self-managed/pre-node-setup

37:10 Threshold Council Election

37:50 Nominations are live on the forum: https://forum.threshold.network/t/threshold-council-election-nominations-second-epoch

38:25 Threshold Council Nominee Meet & Greet on December 9, 2022 at 3pm EST on the Threshold Discord  

38:45 John & Ashley’s overview of the proposed changes to the Threshold Council Election Process: https://forum.threshold.network/t/threshold-council-election-nominations-second-epoch/455/19 (A formal proposal will be posted to the forum soon)

41:15 Open Forum - Q&A

43:35 Reminder to claim your Galxe OAT if you were on the live call!

45:55 Call ends

46:00 Throwback to Justin Holmes performing at ETH Barcelona

46:05 Morning of the Bank Run: https://youtu.be/SURRduN4b0E

52:40 Hell or High Water: https://youtu.be/x-nEtvtToCQ

COMMENTS

Use the G Doc Ash created for last issue. Same template as past issues.

there are 3 items we saved for this issue.

We need a few items in each section.

We need a short description for each item.