The Core Foundation unveiled a groundbreaking dual staking model (Bitcoin + CORE) for its Bitcoin-based blockchain at the Bitcoin 2024 Conference, building upon its industry-first non-custodial Bitcoin staking innovation. This advancement strengthens Bitcoin's utility as a yield-bearing asset while deepening synergy between Bitcoin and Core's ecosystem.
Key Features of the Dual Staking Model
Enhanced Yield Opportunities:
- Bitcoin holders maintain basic risk-free yields (paid in CORE tokens)
- Optional boosted APY through simultaneous CORE token staking
- Tiered rewards favoring long-term stakers
Network Security:
- Currently securing ~55% of Bitcoin's mining hash power
- Supports Core's $135M TVL network with 50,000+ daily active users
Economic Alignment:
- Creates Bitcoin's native "risk-free rate" benchmark
- Stabilizes value flow between Bitcoin and Core chains
The Evolution of Bitcoin Staking
Since April 2024, Core's non-custodial staking revolutionized Bitcoin utility by:
- Preserving asset ownership while generating yield
- Accumulating 5,000 BTC staked (~$310M at press time)
- Establishing Bitcoin's equivalent to traditional bond yields
๐ Discover how dual staking maximizes Bitcoin productivity
Frequently Asked Questions
How does non-custodial Bitcoin staking work?
Core's protocol enables yield generation without transferring custody, maintaining holders' ownership rights throughout the staking period.
What advantages does dual staking offer?
- Higher APY through combined Bitcoin+CORE staking
- Flexible options for conservative vs. yield-maximizing strategies
- Stronger network effects between both assets
Is staked Bitcoin liquid?
While staked BTC remains non-custodial, it's temporarily locked to secure the network. Core plans to introduce liquidity solutions in future upgrades.
The Future of Bitcoin Economics
This dual staking framework positions Bitcoin as:
- A productive asset class beyond passive storage
- The foundation for decentralized financial primitives
- An ecosystem with measurable yield benchmarks
๐ Learn about Bitcoin's evolving financial infrastructure
Core continues to pioneer Bitcoin-native yield mechanisms, with 85% of staking rewards distributed to participants and 15% allocated for protocol development.