Welcome to Core’s weekly updates! Here’s the latest developments and exciting features the Core community is working on behind the scenes to enhance the overall user experience and utility of the Core blockchain.
Timeline: 15th July - 19th July, 2024
Building on Core
- Core Learning Pathway - Course 2 - “Start Building on Core” is live.
- BTCfi Summer Hackathon
- Submission deadline extended till 28th July.
Ecosystem Highlights
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Core’s TVL Reaches $135M+
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Core ranks amongst the top 4 Bitcoin scaling chains by TVL
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Multi-Collateral support for coreBTC: The liquid staking token stCORE can now be used as collateral support for coreBTC, offering productive collateral that generates yield while locked.
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Core Ignition Drop & Asset Multiplier
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Bringing back aBTC through XLink, a Bitcoin bridge developed by ALEX LAB Foundation on Core. XLink is set to redefine the landscape of Bitcoin DeFi, offering users seamless access to a wide range of DeFi services on Core.
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By bridging and depositing aBTC to the Core ecosystem, users have the opportunity to earn a 5x Sparks multiplier. This campaign will allow users to increase their Sparks by depositing aBTC into Core dApps.
Governance
- Animoca Brands has launched a validator on the Core blockchain, enhancing network security and decentralization. This partnership aims to drive BTCfi innovation through dApp integration.
Table Talks
- Core is hosting a roundtable AMA featuring prominent builders in the -ecosystem, including Glyph, NLX, ViridianDex, BitReserve, Akka Finance, CryptoRubic, and Core Belle.
That’s a roundup of all the exciting work from Core for this week. Feel free to drop your comments below and let’s start the discussion!