Would you like to play a more crucial role in the Threshold DAO?
With the launch of tBTC v2 upcoming, it will roll out with a technical implementation known as Optimistic Minting. Refer to this blog post for a full review of Optimistic Minting.
The Optimistic Minting protocol introduces two new roles to tBTC: Minters and Guardians.
Here you will find more information about Threshold tBTC Guardians and how you can apply to become one.
First, What Are Guardians?:
Guardians play a key role and act as the “last line of defense” of the Optimistic Minting protocol. Their primary role is to act as a fail safe against any malicious activity during the minting period.
During the Optimistic minting period there is a 3 hour period where deposits wait to be double checked and verified by the Guardians. After the 3 hour period, all deposits are swept and then minted into tBTC.
Guardians will be whitelisted on the optimistic minting contract.
The Threshold Council will have final approval who is accepted as a Guardian and will also be tasked with removing Guardians if necessary.
Why Become a Guardian?:
- Play a key role in the only decentralized BTC-ETH bridge which is needed more than ever in DeFi right now
- Take on an important role in the Threshold tBTC network and launch
There are certain requirements in order to be promoted as a Guardian and they are outlined below:
- Apply on this Forum thread
- Have the ability to run a script provided
- Need to monitor the script
- Be available in a TG group to communicate with tBTC devs
- Be prepared to cancel a mint through Etherscan, (will be shown how to do so)
- Previous contributions to Threshold DAO or previous relationship with developers
We also need people who are comfortable and experienced with canceling a mint through Etherscan.
How to Apply?:
Applications for Threshold Guardians are done on this thread. To apply reply to this forum post with the following information:
- Ethereum Address
- Telegram handle
- Threshold experience
If accepted you will be added to a Guardian Telegram group.
The Guardian role is one that comes with great responsibility. Only those that are serious will be considered. If you want to learn more about the Guardians, get involved in the Threshold Discord.
This post was co-authored by Eugene.