Live: 3-of-5 FROST threshold federation across independent Cosmos validators, 0.01 BTC hard cap. Expanding to 4-of-7.
Phase 1 cap is intentionally small (0.01 BTC). Cap raises follow the decentralization roadmap, not volume.
Target: 4-of-7. Two signers are onboarding via a new DKG ceremony — that mints a new federation key and BTC deposit address; the live 3-of-5 set stays in custody until the migration completes.
Custody is a FROST threshold signature shared across independent Cosmos validators — no single operator (Dungeon included) can move funds alone.
If the relayer goes down, headers stop arriving and the bridge halts safely — no funds at risk; users can still burn against existing headers.
