Bitcoin L2 Core Launches Liquid Staking for BTC 🚀
- The Core Foundation has announced LstBTC, a BTC-backed liquid staking token on the Bitcoin-backed Layer 2 “Core” network.
- LstBTC is pegged 1:1 to BTC as an ERC-20 token and will provide daily rewards.
- Staking rewards will be paid in CORE, the native token of the Core network.
- This innovation aims to expand the Bitcoin DeFi ecosystem and attract new developers.