In 2024, the deep integration of Bitcoin and Ethereum ecosystems has ushered in more innovative projects, with Corn being one of the leaders. As the first Ethereum L2 network to use Bitcoin as a gas token, Corn not only opens new horizons for Bitcoin DeFi but also introduces a range of airdrop strategies to encourage user and developer participation in its ecosystem for more rewards.

How to participate in the Corn airdrop? The Corn airdrop allows multiple rewards per fish, the strategy is as follows:

First, go to Corn, link your wallet to complete registration:

Tutorial Link: https://gostake.io/airdrops/usecorn

Through the following strategies, users can earn multiple rewards from other projects while participating in the Corn airdrop:

1️⃣ Deposit UniBTC

  • Reward: You can earn Bedrock and Corn points.

  • Additional Requirement: You need to register on Bedrock and participate in the airdrop.

  • Tutorial Link: https://gostake.io/airdrops/bedrock

2️⃣ Deposit SolvBTC.BBN

  • Reward: You can earn Solv, Babylon, and Corn points.

  • Operation Steps: First stake SolvBTC, then obtain SolvBTC.BBN through staking.

  • Additional Requirement: You need to register on Solv to participate in the airdrop.

  • Tutorial Link: https://gostake.io/airdrops/solv

3️⃣ Deposit USD0

  • Reward: You can earn Usual and Corn points.

  • Additional Requirement: You need to register on Bedrock and participate in the airdrop.

  • Tutorial Link: https://gostake.io/airdrops/usual

4️⃣ Deposit USDa

  • Reward: You can earn Avalon and Corn points.

  • Additional Requirement: You need to register on Avalon and obtain USDa.

  • Tutorial Link: https://gostake.io/airdrops/avalon

5️⃣ Deposit stBTC

  • Reward: You can earn Lorenzo, Babylon, and Corn points.

  • Additional Requirement: You need to register on Lorenzo and participate in the airdrop.

  • Tutorial Link: https://gostake.io/airdrops/lorenzo

Introduction to the Corn ecosystem: An innovative bridge between Bitcoin and Ethereum

Corn is a second layer network (L2) based on Ethereum, whose core innovation is using tokenized Bitcoin ($BTCN) as the gas token. This design provides a secure and efficient way to utilize funds for Bitcoin in the DeFi ecosystem.

Core Token Model

  • $BTCN: Supported 1:1 by native Bitcoin, serving as the network's gas token.

  • $CORN: The native governance token of Corn, used to incentivize users and developers, supporting the veTokenomics model.

veTokenomics Incentive Mechanism

Corn draws inspiration from Curve Finance's veTokenomics model, incentivizing users to stake $CORN to earn popCORN and granting them governance voting rights. At the same time, the Bribe market allows protocols to incentivize stakers through tokens, attracting more developers and ecosystem participants.

Profit Distribution Model

  • $BTCN: Generated through network transaction fees.

  • $CORN: Issued by the network, with stakers deciding the distribution of rewards through governance voting.

Team and Funding Background: Strong support drives Corn's rise

The Corn team consists of experienced DeFi developers, including Chris Spadafora (founder of BadgerDAO) and Zachary Cole (co-founder of Slingshot). The team successfully raised $6.7 million in seed funding led by Polychain Capital, with other investors including Binance Labs and Framework Ventures. This funding secures financial support for Corn's technological development and indicates strong recognition from the capital market for its model.

The design of $BTCN: A new role for Bitcoin in DeFi

$BTCN is one of Corn's innovations, adopting a hybrid tokenization design to provide higher capital efficiency for Bitcoin in DeFi. $BTCN does not rely on a single centralized custody or cross-chain bridges but mints through smart contracts and multi-custodial mechanisms, providing new use cases for DeFi scenarios such as AMM and lending markets.

Conclusion: Corn builds the future of Bitcoin DeFi

Corn is gradually reshaping the position of Bitcoin in the Ethereum ecosystem through innovative L2 solutions and a dual-token economic model. Its dual-token system of $BTCN and $CORN provides unprecedented incentive opportunities for users and developers. Combined with rich airdrop strategies, Corn is undoubtedly a core component of the future crypto world.

Join the Corn airdrop now, receive multiple rewards, and participate in this innovative DeFi ecosystem to witness the future integration of Bitcoin and Ethereum!