🚀 Exciting News for Bitcoin Enthusiasts! 🚀
The Core Foundation has just unveiled LstBTC, a liquid staking token backed 1:1 by BTC on the Bitcoin-backed Layer 2 “Core” network. This ERC-20 token not only mirrors BTC but also rewards holders daily! 🌟
Core DAO’s Rich Rines believes LstBTC will ignite Core’s ecosystem, attracting new builders and projects. With staking rewards paid in CORE tokens, the native utility and governance token, the potential is immense. 🌐
Core’s unique “Satoshi Plus” consensus merges Bitcoin’s security with enhanced functionality. Now, BTC holders can stake their assets in self-custody, earning consistent yields across multiple L2 blockchains. 💹
Liquid staking offers flexibility, allowing users to move and trade their BTC while still earning passive income. LstBTC is backed by BTC in a multi-signature wallet, ensuring security through rigorous audits. 🔒
Bitcoin’s DeFi ecosystem is expanding rapidly, with innovations like LstBTC leading the charge. Stay tuned for more exciting developments! 🚀