#CoreIgnition is here 🔥An incentive program rewarding users | Sir Ben of Core on Binance Square

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Sir Ben of Core

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#CoreIgnition is here 🔥An incentive program rewarding users and builders for their invaluable contributions to the network’s growth.
Get to know more in the latest article ⬇️
https://medium.com/@core_dao/launching-liquid-staking-on-core-introducing-stcore-657171f52a9f
#Core #BTCfi #Web3 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Sir Ben of Core

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Non-Custodial Bitcoin Staking unlocked a new feature for Bitcoin: #Bitcoin is now a yield bearing asset - with no new risk.Non-custodial Bitcoin staking lets you earn yield while retaining custody of your Bitcoin. No middlemen, no new risks—your Bitcoin stays securely locked on the Bitcoin chain throughout the staking period. This is made possible through these Bitcoin-native mechanisms 👇 1. Absolute time-locks: Your Bitcoin is cryptographically locked for a time period of your choice (minimum of 10 days). During that time, you retain ownership—still your keys, still your coins. 2. Backing a validator: When you stake, you choose a validator to help secure the Core network.You’re not sending your Bitcoin away—it stays locked on the Bitcoin blockchain.You are simply holding your Bitcoin in order to support the validator. In return, you earn $CORE token rewards. 3. No new risks: Your Bitcoin can’t be slashed, no matter how the validator performs. Your coins remain yours, fully under your custody at all times.Why is this a big deal? Billions in Bitcoin, previously just sitting idle, now have the chance to generate yield, with no added risk, while helping secure a decentralized network. It’s a historic moment for Bitcoin as a financial asset Your keys, your coins, your yield. #JustUseCore

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#Core Unlocks more of #Bitcoin's Potential Discover how Core🔶️ puts Bitcoin🟧 to work for you: - Earn more: Core offers a second block reward for Bitcoin miners, increasing their earnings. - Stake and earn: Over $350 million in BTC is staked to earn CORE without taking on additional risks. - Grow your wealth: The btcfi ecosystem has reached a Total Value Locked (TVL) of over $400 million, providing a secure and lucrative environment for your Bitcoin to grow. Core is revolutionizing the way Bitcoin works for you. Join the movement and maximize your Bitcoin's potential! #ChooseRich #JustUseCore✅️ Kindly follow for more impactful info here and on X @Coredao_Org & @Coredao_Amb

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#Bitcoin is the most secure and decentralized network ever created, but that comes with trade-offs including: - Lack of yield -Limited scalability Core steps in as Bitcoin’s Proof of Stake layer, introducing both yield & BTCfi while reinforcing Bitcoin’s Proof of Work. Here's how this works 🧵⬇️ The #Core blockchain is powered by Satoshi Plus consensus, integrating both Bitcoin holders and Bitcoin miners into its mechanism. This makes Core the most Bitcoin-aligned blockchain, perfectly positioned to solve Bitcoin's scalability and yield challenges. Yield: Bitcoin traditionally doesn’t natively generate yield, but that has just changed. Core’s Non-Custodial Bitcoin Staking, released in April, enables Bitcoin holders to earn yield on their Bitcoin without giving up custody or taking on new risks. Billions in idle Bitcoin can now become productive assets. Over $300 million of Bitcoin are already actively being staked. Scalability: Bitcoin’s network can be slow and expensive. Core enhances scalability with: ⚡ 3-second block times 💸 Low transaction fees 🔗 Trust-minimized bridging This means the Bitcoin asset can now be used scalably on Core’s Bitcoin-secured rails. #Bitcoin Miner Symbiosis: 55% of Bitcoin’s hash power⚡️ is actively securing the core network. In return, these miners earn $CORE rewards. This supplemental income keeps Bitcoin miners incentivized to continue participating in Proof of Work even as Bitcoin’s block rewards decline each halving. By addressing Bitcoin’s yield and scalability challenges, while reinforcing its Proof of Work, Core amplifies the Bitcoin ecosystem and helps unlock its full potential 🔶🚀 Kindly follow us on X @ Coredao_Org / Coredao_Amb

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Non-custodial Bitcoin🟧 staking is hovering over the crypto community and looping into every space. Just amazed at how many are still ignorantly living on the alternative - leaving assets dormant in centralized exchanges. Core's golden key is simply inevitable! #JustUseCore🔶️✅️ #BTC☀ #BTCFi #CoreDAO🔶️🔥👀

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Thrilled to announce and call all tech enthusiasts for Ghana's 🇬🇭 first Core blockchain Meetup👀 Join us for a morning of exploration and discovery, as we dive into Web3, the world of #Core and its applications. Secure your spot now! 👉 lu.ma/dpfv95h8 #Blockchain #Bitcoin #Btcfi #Web3

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