Core Foundation Announces Dual Staking Model to Enhance Bitcoin Yield

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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

  1. 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
  2. Network Security:

    • Currently securing ~55% of Bitcoin's mining hash power
    • Supports Core's $135M TVL network with 50,000+ daily active users
  3. 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:

๐Ÿ‘‰ 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?

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:

๐Ÿ‘‰ 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.