CodeBlockLabsexplorer

Governance · #8

Mark first two btUSD deposits as proven (release valve)

Passed ·MsgReleaseExposure · ends 11d ago

Proposer sunima1wgnncqmmgawzcnszjc57eknw65df078dewn2y3

Deposit 1000 SUNA

Quorum 67%

Pass threshold 67%

Veto threshold 33.4%

Current tally

Yes: 100%
No: 0%
Abstain: 0%
No with veto: 0%

Cast a vote

Keplr

Voting is closed for this proposal.

Summary

Deposits 1 (100 btUSD) and 2 (5 btUSD) were minted via the fast tier and are fully backed: 105 btUSD locked on Arbitrum Sepolia = 105 btUSD minted on Sunima. The final (Ethereum light client) tier is not built yet, so these mints still count as unproven and cannot be withdrawn. This uses the release valve to mark them proven so withdrawals to Arbitrum can be tested.