Prop 2: Initiate DKG for Decentralized Collateral Manager (DCM)

The Decentralized Collateral Manager (DCM) is a key role for the Native Bitcoin-backed Lending Protocol in the Bitway ecosystem, mainly responsible for the collateral liquidation on behalf of the lending pools.

The DCM consists of multiple trusted entities and operates in a distributed manner based on the Threshold Signature Scheme (TSS).

The proposal aims to initiate the Distributed Key Generation (DKG) ceremony for the DCM.

The proposed DKG participant set is as follows:

• Bitway 1
• Bitway 2
• Bitway 3