While most founders sell, I’ve acquired an additional >2% of the total $T supply. Here’s why I’m doubling down on the work we’re doing at @TheTNetwork 👇

Last year, before we reorged Threshold, the DAO was bloated and unfocused. Our product suite was overly complex and, while legitimately decentralized, there was no accountability or coherent vision. Our April reorg created a new, highly focused team with one singular goal: make @tBTC_project The Standard for Bitcoin Finance.

I’m incredibly proud of the work our team has done and what we have accomplished in 6 months. Since April, - TVL in BTC ↑ >40% - TVL in USD ↑ >110% (ATHs in both) At a time when most other BitcoinFi projects have stagnated or lost traction, tBTC’s growth rate is accelerating.

Our recent launches on @Starknet and @SuiNetwork, the activation of direct redemptions on @arbitrum and @base, and upcoming support for gas-less minting are just the start. We’re building the seamless rails to move Bitcoin liquidity to every chain that maters.

On top of this liquidity network sit tBTC-powered vaults, one-click yield strategies from teams like @MEVCapital, @upshift_fi, @avantgardefi, @enzymefinance + more. These vaults will attract sticky BTC deposits and generate scalable revenue for the protocol.

With @TheTNetwork powering the Bitcoin Capital Markets, $T is the asset that captures the value: - Buybacks - Fee rebates for stakers - Growing token utility

And the biggest unlock? Institutional self-custody. We’ll have a lot more to say about this in the coming weeks but, large BTC holders will soon be able to mint tBTC directly from their own wallets and deploy into DeFi without intermediaries while maintaining full custody.

That means the entire Bitcoin balance sheet becomes deployable. When this goes live tBTC will be the default choice for institutional Bitcoin liquidity, with the deepest onchain liquidity.

tBTC is The Standard for Bitcoin Finance. Threshold powers the Bitcoin Capital Markets. And $T is the asset that captures the value. LFG.