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Proposal #907

Alloyed TON: Add TON.int3

PassedExecute Contract

Passed on 19 Feb 2025 with 97.3% of the votes for yes.

Yes

97.3%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

19 Feb 2025

The ballotvotes cast · final tally
Yes

97.30%

of votes cast

Abstain

2.68%

of votes cast

No

0.01%

of votes cast

Veto

0.00%

of votes cast

This proposal would add TON.int3 as a constituent of Alloyed TON.

Alloyed TON

[Hidden link] is the canonical TON on Osmosis, following the approval criteria in [Hidden link].

Alloyed TON currently has around [Hidden link] and consists of TON.orai alone.

This proposal requests the addition of [Hidden link] to the existing TON Alloy, enabling TON to be deposited via the Int3face bridge.

This proposal does not add an initial static rate limit, as the alloy has minimal liquidity at the time of addition. A further proposal would be required to add static rate limits after the alloy becomes more established.

For a complete description of Alloyed Assets, see the [Hidden link]

About Int3face

Int3face are the operators of the Bi[t]fröst bridge, currently used on Osmosis as the source of [Hidden link].

Int3face uses a novel implementation of leaderless Threshold Signature Schemes (TSS), offering a secure and decentralized bridging mechanism between DOGE and Osmosis.

Int3face is expanding this offering to become a bridge operator for Bitcoin, Litecoin, Bitcoin Cash, Telegram Open Network, and Solana.

Website: [Hidden link]

Alloyed Configs

[Hidden link]

[Hidden link]: [Hidden link], Normalization Factor of 1, maintaining the Exponent of 9

[Hidden link]: ibc/905889A7F0B94F1CE1506D9BADF13AE9141E4CBDBCD565E1DFC7AE418B3E3E98, Exponent of 9 resulting in a Normalization Factor of 1

[Hidden link]: ibc/DDE1238DCBC338C0FD0700A72CBD64C017B7A646C4A46789ADFB5D47F1E52E38, Exponent of 9 resulting in a Normalization Factor of 1

Forum Post: [Hidden link]

Timeline

  1. Submitted14 Feb 2025
  2. Voting started14 Feb 2025
  3. Voting ended19 Feb 2025
  4. Deposit deadline28 Feb 2025

Proposer

Address
osmo19w2…3hfq0r
Deposit1.6K

Rules

Not recorded for this proposal.