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Threshold/Tether··BINANCE
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Key Stats

0.00000DAY`S RANGE0.00000
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About T

Threshold is a decentralized protocol born from the merger of Keep Network and NuCypher, launched January 1, 2022. It supplies a suite of cryptographic primitives—proxy re-encryption, threshold signatures, distributed key generation, and random beacon—for decentralized applications (dApps). The native T token serves dual roles: as a utility token to stake and operate network nodes, earning fees from applications, and as a governance token enabling holders to vote on protocol upgrade proposals and funding allocations via the Threshold DAO. Threshold’s flagship product, tBTC, is a fully permissionless tokenized Bitcoin on Ethereum, backed by collateralized Threshold nodes.
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