Threshold USD Airdrop Guide (New Decentralized Stablecoin)

Threshold Network is a decentralised cryptography network that allows you to bridge BTC to Ethereum.

While its token has already been released, the project has just launched its testnet for Threshold USD, which you can use on the Goerli Testnet.

There’s no confirmation of another airdrop yet, but since it’s free, here are some ways to interact with this platform.

Checklist for Threshold Network

Get ETH on the Goerli testnet, you can check out my guide below for the 9 ways that I’m using to get these tokens.

Go to the ‘Borrow’ section and open a Vault
- You will need to borrow a minimum of thUSD and deposit some ETH as collateral. A collateral ratio between 200-250% is recommended, and I deposited 0.0005 ETH into my vault.

❗Gas fees on Goerli can be really high due to congestion on the network, and I paid 0.06 ETH for this transaction.

Again, the gas fees can be rather expensive

Try out the ‘Redeem’ and ‘Risky Vaults’ sections (I wasn’t able to do it, and let me know on Telegram if you were able to use these functions!)

That’s it for now! I will update this page if there are any new tasks to perform.

Do you find it overwhelming to track all of the different airdrops that are available?

I've created an airdrop tracker of all the different networks and projects that I'm keeping an eye on,

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Threshold Network is a decentralised cryptography network that allows you to bridge BTC to Ethereum.

While its token has already been released, the project has just launched its testnet for Threshold USD, which you can use on the Goerli Testnet.

There’s no confirmation of another airdrop yet, but since it’s free, here are some ways to interact with this platform.

Get ETH on the Goerli testnet, you can check out my guide below for the 9 ways that I’m using to get these tokens.

Go to the ‘Borrow’ section and open a Vault
- You will need to borrow a minimum of thUSD and deposit some ETH as collateral. A collateral ratio between 200-250% is recommended, and I deposited 0.0005 ETH into my vault.