Threshold Committee election nominations – first epoch

General
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Hello, Threshold Community:

The time has come to elect the first Threshold Committee members, marking a new chapter for the DAO under the structure approved by TIP-103. This election will establish the governance body responsible for treasury management, security, and oversight, ensuring the continued success and resilience of Threshold DAO.

Before we dive into the election process, we want to recognize and express our gratitude to all contributors, guild members, and Council members who have served under the previous structure. Their efforts have been invaluable in bringing Threshold to this point, and we appreciate their dedication to our community.

What is the Threshold Committee?

The Threshold Committee is the newly formed governance body replacing the previous Council and Treasury Guild, as approved in TIP-103. This 9-member committee will play a critical role in DAO operations, assuming responsibilities such as:

  1. Treasury and Financial Management – Overseeing treasury funds, implementing financial strategies, and maintaining fiscal responsibility.
  2. Governance Security – Holding veto power to protect the DAO against malicious proposals, as well as working on and implementing security recommendations and processes for DAO multisigs and assets to enhance overall protocol safety.
  3. Protocol & Smart Contract Oversight – Managing upgradeable contracts for the DAO’s products.
  4. Operational Oversight – Monitoring tLabs, DAO contractors, and other contracted entities to ensure alignment with DAO objectives.
  5. Legal, Tax, and Risk Management – Addressing regulatory concerns and mitigating risks associated with DAO operations.
  6. Threshold Foundation liaison - Serving as a primary point of contact between the DAO and the Threshold Foundation, ensuring alignment on strategic and operational matters.

The Threshold Committee will consist of 9 elected members, with the following structure:

  • 6 part-time, compensated seats (7 hours/week each - see TIP-103 for details, as well as Expectations & Requirements)
  • 3 volunteer, non-compensated seats (not subject to the expectations outlined for compensated seats, but added for security and welcome to join all Committee discussions)

The committee will maintain a 5-of-9 multisig threshold for security.

Election Process & Timeline

The election process will follow a structured timeline to ensure a smooth transition:

Phase 1: Nominaations

:date: March 26 - April 2

  • Community members can self-nominate or nominate others for a seat on the Threshold Committee by replying to this forum post.
  • Nominees should provide:
    • A short introduction and their background in Web3 or the Threshold community.
    • A statement on why they are running and their vision for Threshold DAO.
    • Whether they are running for a paid or volunteer seat.
  • If you nominate someone else, please confirm their willingness to run before posting.

Phase 2: Community Call & Discussions

:date: April 2

  • A Community Call will be held for candidates to introduce themselves, share their vision, and answer questions from the community.

Phase 3: Voting

:date: April 2 - April 9

  • Voting will take place via Snapshot, allowing T token holders to elect the new committee members.

Phase 4: Transition & Onboarding

:date: April 9 - April 16

  • The elected Threshold Committee members will transition into their roles.
  • Outgoing Treasury Guild members will facilitate onboarding and multisig updates to reflect the new governance structure.

FAQ

Who can run for the Threshold Committee?

Any community member who is committed to serving the DAO, actively participating in governance, and fulfilling the committee’s responsibilities may run. Prior experience in DAO operations, finance, or governance is beneficial but not required.

Do I need a hardware wallet?

Yes. All elected members must have a hardware wallet to participate in the Threshold Committee multisigs, which govern treasury operations and contract upgrades.

What happens if a seat remains unfilled?

If fewer than 9 candidates are elected, the remaining seats will be filled through an interim appointment process, where current committee members will vote on suitable replacements.

What happens if a committee member resigns or is inactive?

Committee members are expected to actively participate (see committee expectation requirements). If a member resigns or becomes inactive, the committee will nominate and vote on a replacement for the remainder of the term.

How long is the term for elected members?

The Threshold Committee will serve a one-year term, with future elections determining new terms and potential staggered rotations for continuity.

Get Involved

This is a critical moment for Threshold DAO. We encourage all engaged community members to participate in these elections—whether by running for a seat, nominating strong candidates, or casting your vote.

:ballot_box_with_ballot: Important: To participate in governance and vote in Snapshot, your T tokens must be delegated—either to one of our delegates or through self-delegation. If you have recently unstaked your T tokens, your previous delegation has been voided, and you will need to re-delegate.

:small_blue_diamond: Delegate or self-delegate your T here: https://delegates.threshold.network/

:light_bulb: Nominate yourself or someone else by replying below!

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I’d like to nominate @mcitizen42.

Citizen has proven to be dedicated and hardworking. I have never seen him pass up an opportunity to serve the community in general, no matter the task. I was fortunate to be able to chair the IG meetings for around two years before passing the torch to citizen. He accepted the challenge and stepped into the fray without hesitation. It has been a pleasure working with you @mcitizen42 and I hope you accept this nomination, fren.

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Greetings Threshold community

I’m @mcitizen42, wholeheartedly accept @Vict0r nomination and thank you for your kind words fren, a pleasure to have had the opportunity to serve along side such passionate thresholders.
Threshold Network holds a special place in my heart and I’m honored to present my application for the Threshold Committee.

Since joining the Threshold DAO, I’ve been an active participant in its governance evolution most recently as a member of the Integrations Guild and the thUSD Steering Committee. With extensive experience across web3 and active participation in Threshold and Paraswap protocols where I’ve driven strategic decisions, forged partnerships and amplified community voices. I feel I’m best prepared to bring my expertise to the Council in its new form. As TIP-103 reshapes our DAO, I’m committed to ensuring our governance and pristine protocol operations remains robust, transparent and forward-thinking further safeguarding Threshold Network role as the most decentralized, trust-minimised BTC bridge, a leader on this position at this time.

Background and Expertise
My skills, governance experience and degen journeys span multiple ecosystems, equipping me with a broad perspective and practical skills, a few notable ones :

Threshold Integrations Guild: Nominated and served to integrate tBTC into DeFi ecosystems, proposed transactions for the guild following security practices implemented across the DAO, updated documentation for the good use of community, chaired meetings for both IG and thUSD, drafted proposals and advocated for interoperability and partnerships (nomination).

Paraswap: As a delegate and Growth Work Group member, I’ve shaped governance, driven good synergies among partners and drafted frameworks among notable ecosystem participants.(nomination)

My wallet citizen42.eth should act as an extension of my experience and activities across web3 where I have contributed to many technical discussions and votes spanning over hundred projects learning how to best balance innovation, risk management and good protocol health as well as DAO operations.
This multi-protocol experience combined with my ability to analyze proposals, build consensus and align visions positions me to oversee Councils Committee strategic direction effectively.

Vision for the Threshold Committee
With TIP-103 streamlining our DAO, the Committee is pivotal in balancing oversight and innovation. Since tLabs proposal has passed I dare to envision Threshold Network as a hub of interoperable DeFi solutions with the Threshold Committee fostering resilience and good decentralised ethos utilising the DAO structure to allow token holders participate in its good functioning.

A few areas I’d like to focus on but not limited to: strategic oversight, risk mitigation, community representation

I am running for the paid seat and pledge to dedicate required hours weekly, attending meetings and staying active on Discord, review proposals and collaborate with current DAO members, supporting Treasury Operations to optimize POL, Marketing Operations to boost awareness and the overall DAO to align governance with community goals.

COI
Transparency drives my approach and as I am active in many web3 projects as token holder and as such I see no issues and no competing protocols that would jeopardize my passion and dedication to tBTC

If ever in need I’ll disclose and recuse myself from votes or participation in proposals if involving conflicts of any kind over prioritising tBTCs interests.

As TIP-103 transitions us to a leaner DAO, my experience and dedication make me a strong fit for the Council Committee. I’ll work tirelessly to mitigate risks, enhance operations and elevate Threshold’s impact furthering tLabs mission in enhancing tBTC and taking the project to a higher scale. I welcome feedback and as always ready to answer any questions from community!

Citizen42

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I second Vict0r’s nomination of Citizen42, he has been invaluable to Threshold since joining and I’d like nothing more than to see his contributions continue.

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Hello Threshold Community, while I might seem like a new face, I’m really not. I’ve been quietly following (and making use of) the project ever since one of my favorite projects, REN, went under.

Running for Volunteer Seat in personal manner, unless you believe I am more useful as a paid seat, otherwise over time and with your trust I may turn to a full contributing committee member

Motivation
My personal mission is to make web3 more trustworthy—that’s what drives me. I want to see stronger security and interoperability protocols that bring networks and liquidity closer together. I believe Threshold DAO can become (even more of) a credible guardian of users’ assets and an operationally efficient organization.

About Me
I’m currently the VP of Security at Polygon Labs, overseeing the security of the Polygon network and its broader ecosystem. I’ve spent over 20 years in the security and engineering trenches. I’m also an advisor and investor in several web3 organizations, including Sub7 Security (run by a close friend), Sub7 operates both a tBTC and Taco node and I basically introduced them to the community.
I went deep into crypto during DeFi summer, but I’ve been around since before Ethereum, just didn’t quite get BTC until Ethereum showed me the power of programmability in blockchains.

I’m personally invested in T, actively staking it, and have used tBTC multiple times—currently enjoying rewards on Base/Aerodrome.

What I’ll Bring
As a security professional & engineering manager, I deal daily with smart contracts, multisigs, governance, and upgrades. I’m deeply comfortable with payload verification—and obsessively cautious with multisigs. I’d like to become a trusted signer for the DAO, focused on verifying payloads and bringing a security- and engineering-driven voice to product upgrades and changes.
I’ve also participated in more war rooms and disaster recovery efforts than I care to count, worked through audits of all kinds, and collaborated with most major security vendors in the space.

My Socials:
https://x.com/cvhessert

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Thank you very much fren, Threshold DAO is filled with people that I have learned a ton from, inspired me to do my utmost best and push further the limits of my knowledge, @eh_ethan I would forever be grateful for all the guidance offered while in IG, my BD experience and confidence is mostly due to you and I hope to put it to good use should I be succesful for the Committee role.

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I’d like to encourage @nico186 to consider running for a seat on the Threshold Committee. Nico is a longstanding community member and used to host our community calls in the discord server and served/currently serves on the council. Nico’s favorite food are sandwiches.

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Hi everybody, I’m East and would love to nominate myself for a full role in the Threshold Committee.

I’ve been in the space since 2020 and am devoted to the core believes of Bitcoin and Ethereum and also tBTC - censorship-resistance, trustlessness and permissionlessness.

I’m currently a committed and involved part of Threshold community since its beginnings with the merge of Keep and NuCypher (and before that in Keep Community as well). I’m founding member of the IG and part of its committee for a long time, also founding part of the Treasury Guild and a Council member. I hold the POL Operations Coordination role performing tasks as :

  • keep treasury overview and composition updated

  • keep track of expenses, budget and executed transactions and it’s impact on assets

  • plan upcoming transactions, execute required steps for timely multisig transactions :

    • expenses (with T, thUSD, stables or others)

    • asset availability for payroll (T or thUSD)

    • seed tBTC to different protocols or pools and chains (Synonym, Gearbox, WBTC party, Ajna, Aerodrome and Curve cbBTC, Bob thUSD, Arrakis, Symbiotic, GMX)

    • rewards from POL (claim, transfer, swap and/or vote lock)

    • reimbursement, top-ups:

  • keep knowledge about contracts, assets and transaction for a smooth operation

  • keep relationship, operation and updates with all the treasury providers (e.g. Aera, Flowdesk, Arrakis, Sense Capita and others)

  • bring issues and subjects up for discussion and decision-making in the TTG

  • research new ways to manage, deploy treasury assets or simplify operations

  • analyze market conditions and propose changes to the DAO assets (sell, buy, swap, debts, repayments, diversifications, hold, etc)

  • taking care of occasional events (e.g. tBTCv1 & VendingMaching transactions or ARB Grant planning and execution).

I also would love to support or second the nominations for full or volunteer roles of :

@JohnPackel @Luna5 @derek @eh_ethan @ben @Vict0r @davidnunez @wuji @mcitizen42 @eh_ethan @ EvandroSaturnino and @ MrsNuBooty

I have worked with all of them and can vouche for their commitment and deep knowledge on different aspects that would really be needed in a well run Threshold Committee.

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Thank you @East for the nomination. I accept and hereby express my interest in a full role on the Threshold Committee.

Outside of Threshold, I have several years of experience in financial auditing, specializing in governmental entity audits. I’ve been involved with Threshold since its inception and was an active NuCypher community member before the merger, dating back to the launch of Worklock in late 2020. Additionally, I am a long-time staker, beta stake operator, and guardian.

I have served on the Integrations Guild and Treasury Guild Committees since 2022, and on the Council for the past year. I also have been providing technical support to the community since 2022.

As part of my work with the Integrations Guild, I chaired our weekly meetings before passing the role to citizen42. Additionally, I managed various Discord-related tasks, including installing and maintaining bots, handling general maintenance; I also worked on improving the official Threshold documentation.

My work with the Treasury Guild has centered on preparing monthly DAO payroll and contractor payments, managing recurring payments, and overseeing the beta staker expansion established in TIP-067 Part 1 and Part 2. Additionally, I have been responsible for reporting on beta staker performance, monitoring various addresses and bots, and handling queue top-up transactions as needed.

If elected, I will continue to serve Threshold and the community to the best of my abilities.

I second the nominations made by @East.

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Thank you for the nominations @Eastban @Vict0r :raising_hands: I formally accept and would like to run for a full role on the Threshold Committee.

I have been in the crypto space since 2018, specialising in financial reporting and data analysis. I have closely followed Threshold since inception, participating in the Worklock in 2020 and becoming a highly active contributor in 2023. I have served on the Treasury Guild Committee and the Council since early 2024 and have been responsible for the financial reporting of the DAO since 2023. I also serve as a Redemption Guardian, supporting the security of the tBTC bridge.

My financial reporting work involves reconciling all DAO crypto transactions, preparing financial statements and translating this information into clear and concise presentations. I have regularly presented about the financial situation of the DAO to the Treasury Guild and more recently the wider community. This work enables Threshold contributors and the community to understand the financial position of the DAO, empowering sound decision making.

Further to reporting on financial metrics such as revenue and expenses, I have also performed in-depth analysis on tBTC bridge metrics, allowing for enhanced revenue forecasting. As tBTC continues to grow, I believe this form of data analysis will continue increase in importance.

Alongside my work on financial reporting and data analysis, I also lead the liquidity incentives strategy and deployment for the DAO. This role involves managing the incentives budget allocation across all chains, making strategic recommendations to the Treasury Guild (soon to be Threshold Committee) about where and how to incentivise liquidity, monitoring TVL and other metrics to evaluate impact, as well as deploying all incentives on a weekly basis.

From the experience outlined above, I have an intimate understanding of the operations, financial situation and trajectory of the Threshold Network. This understanding uniquely positions me to be a valuable member of the Threshold Committee. If elected I will continue to utilise my skillset to enable the growth of tBTC, and empower sound, data-driven decision making.

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I would like to second the nominations for @Vict0r and @wuji for a seat on the Threshold Committee. From what i know of them, they hold themselves to a high standard. Their actions represent and further threshold’s values

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I’d like to second (third? fourth?) the nominations for @Eastban @wuji @Vict0r and @mcitizen42

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Thanks @shoegazer69 @Eastban for secondments, seeing @wuji @Vict0r @Eastban nominations and applications I am reminded again what a plethora of talent and dedication Threshold DAO has been blessed with ! humbled to be among nominees and best of luck to us all participants!

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Thank you Victor, I would be honored to accept your Nomination for a role on the Threshold Committee.

I am Nico186 (Nico) and have been active in the Crypto space since 2019 transitioning from my career in environmental design and education.

My background is in hotel and lighting design; I formerly worked as a university professor, job site foreman, and project manger. I firmly believe in decentralization and am an ardent fan of tBTC and its ability to democratize wealth.

I initially participated in the tBTC test net, and from there was involved in the original merger of Keep and NuCypher. I was a volunteer member of the founding Marketing Guild Committee, and have held an elected Guild position since the second voting period. My focus is on community education and product marketing and awareness.

I have also served several terms as an elected member of the Threshold Council, the precursor to Threshold Committee. I have greatly valued this role and my ability to provide skills and insight to other council members, while at the same time gaining an incredible wealth of knowledge from other council members.

I am deeply engaged in the Threshold DAO Community with a variety contributions:

  • Community call host
  • Threshold DAO Delegate (attending conferences and events)
  • IRL/ Online Hackathon support and coordination
  • Hackathon mentor, workshop host/ presenter, and judge
  • Eth Denver: on-site booth and materials coordinator/ event planning/ Buidl’ Judge 2025

I currently work as full time Community Lead for Acre.fi. Our project uses tBTC at its core infrastructure to provide a seamless user experience for individuals looking to compound Bitcoin rewards. I feel my experience in this role will greatly benefit and enhance a position on the committee, if elected.

I have also participated in the formation and operation of a number of DAO’s, contributed to a variety of Bitcoin and Ethereum projects, and have a variety of active in-person participation including hackathon hacker semi-finalist, panel discussion presenter, expo attendee and organizer, and regional/national educational events.

If elected to the Committee I hope to bring my knowledge, skills, and experience in a positive and productive way facilitating continued growth and advancement of the Threshold Network and DAO.

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Hello everyone,

I’d like to nominate myself, Wailoaloa, for the Threshold Committee.

:sparkles: Involvement with Threshold
I’ve been engaged with the Threshold Network since the Playing for Keeps promotion in April 2020. Prior to that, I was writing whitepaper analyses for various ICO projects back in 2017—including early coverage of NuCypher.

Most recently, I was elected to the Treasury and Marketing Guilds in the last round of Guild elections (September 2023, right when Save wBTC was kicking off!), where I’ve remained actively involved throughout the TLabs transition phase.

:puzzle_piece: Committee Readiness & Responsibilities
Since joining the Guilds, I’ve been a consistent contributor—participating in nearly all weekly calls, and acting as a timely signer on multisigs while adhering to evolving security standards (including recent SAFE updates post-Bybit hack).

I’ve taken the time to grow my understanding of the roles and responsibilities across both Guilds, gradually increasing my involvement and output over time. My broader commercial and management background enables me to contribute meaningfully across most of the Committee’s key functions.

:telescope: Vision for Threshold DAO
As TLabs takes on more operational responsibilities, I believe there’s a vital opportunity for the DAO to evolve as a strategic and governance layer—maintaining oversight, accountability, and continuity.

Short-term, I see the DAO’s focus being a smooth and secure transition of responsibilities—protocol, treasury, and ops—to TLabs.

Long-term, it’s essential that the DAO retains deep institutional knowledge of the network and its infrastructure. This will ensure resilience and give us the ability to re-enable or extend capabilities beyond TLabs’ scope if ever required.

:globe_with_meridians: Broader Web3 & DAO Experience
Outside of Threshold, I bring over 10 years of business development and commercial experience. I currently lead an onchain company, managing all SAFE and treasury functions, legal frameworks, and commercial strategy.

In 2018, I co-founded a crypto retail investment fund in Australia, navigating tough legal and regulatory terrain. I’ve advised and contributed to multiple DAOs and crypto-native orgs on legal, governance, and financial structures—including being an active contributor to Thesis’ Mezo signing group.

I have a wide network across web3 including at many key Defi protocols, L1s, L2s and other areas relevant to Threshold and its products.

:round_pushpin: Location & Availability
I’m based in Australia (APAC time zone), which can offer useful jurisdictional and time coverage. I do have limited travel planned in May and late June, but will do my best to work around weekly calls and timezones to minimise any disruption.

I also second the nominations for @JohnPackel @Luna5 @wuji @Vict0r @Eastban @mcitizen42 @MrsNuBooty @eh_ethan @nico186 (apologies if I’ve left off any other great contributors within the current structure!)

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We will host the meet and greet for candidates on Thursday or Friday, based on the outcome of the poll in Discord here: Discord

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