Greetings #Coretoshis!
Building on the success of our pioneering non-custodial Bitcoin staking, which established the Bitcoin Risk-Free Rate, Core Foundation announces Dual Staking (BTC + CORE) to elevate Bitcoin yields and set a new industry standard!
Core is solidifying its position at the forefront of BTCfi innovation with Dual Staking, expanding upon our pioneering Non-Custodial Bitcoin Staking model. With nearly 5,000 BTC valued at approximately $321M already staked, we’re paving the way for secure, yield-bearing assets.
In response to the growing demand for Bitcoin staking, Core is giving its Non-Custodial Bitcoin Staking model an upgrade with Bitcoin x CORE Dual Staking, set to launch in Q4 of 2024. This allows stakeholders to maximize rewards by staking both BTC and CORE tokens. Long-term commitments yield higher returns, enhancing economic alignment and integration between Bitcoin and Core.
The new Dual Staking model aligns Bitcoin and Core even further, closing the loop with a full economic integration. A big step towards an end-to-end BTCfi experience with Core. Read more about this in our official blog.
Join the revolution of shaping the future of BTCfi with Core’s innovative Dual Staking model!