According to Odaily, the Core Foundation has announced the introduction of a dual staking model for Core Chain. This new model builds upon Core's existing non-custodial Bitcoin staking system, which was launched earlier this year. The dual staking model allows Bitcoin holders to earn higher returns by staking both Bitcoin and CORE tokens. While users can continue to stake only Bitcoin to receive a basic 'risk-free rate,' those who also stake CORE tokens will be eligible for an enhanced 'dual staker rate.' Additionally, long-term stakers will receive higher rewards compared to short-term stakers.

The foundation noted that since its launch in April, the non-custodial Bitcoin staking system on Core Chain has attracted approximately 5,000 Bitcoins, valued at around $309 million.