The Threshold Council deposited ~$20M of protocol owned liquidity (POL) into the Curve T+ETH pool and staked the LP tokens into
18 Jan 2022, 02:29
The Threshold Council deposited ~$20M 💸 of protocol owned liquidity (POL) into the Curve T+ETH pool and staked the LP tokens into Convex ✨, as per a proposal from the Treasury Task Force.
A share of the resulting CRV/CVX rewards will accrue to the DAO, diversifying the treasury and allowing Threshold to build governance power in strategically relevant protocols as a way to facilitate the success of our future tBTCv2 (and thUSD? 👀) pools.
Congrats, you're now part of a revenue-generating DAO! 🤩