Almost 5,000 Bitcoin have been staked on @Coredao_Org! By offering yield on BTC holdings, Core Chain is becoming the premier platform for Bitcoin-based finance.

Here’s why this is exciting:

1 Enhanced Security and Utility: Bitcoin staking significantly boosts the security and utility of the Core ecosystem. At the same time Core rewards to BTC stakers brings earning utility to BTC holders.

2 Incentivizing BTC Value: Liquid BTC staking encourages over $1 trillion in BTC value to enter the Core ecosystem, strengthening the network and involving BTC holders in governance.

3 Sustainable Transactions: Every transaction on Core Chain requires CORE tokens, which are partially burned and distributed to validators and stakers, adding sustainability to the ecosystem.

4 Risk-free earnings: non-custodial BTC staking posseses no risk to stakers as BTC holders have always control of their BTC, have no smart contract risk and have no slashing risk, while earning in $CORE, which can also be staked and earn rewards from it.

5 Natural Platform for Bitcoiners: Core is the go-to platform for Bitcoiners, offering yield on BTC and enabling secure transactions. The future includes restaking BTC to secure other platforms, boosting Core’s value.

To learn more follow @Coredao_Org

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