Institutions are aping into lstBTC—and it's draining CORE @Coredao_Org from the market.
Here’s why the flywheel is spinning faster than ever 🌀👇
- lstBTC = yield-bearing BTC (institutions love this) - To mint it? They must buy CORE - 15% of every mint = CORE locked + staked - BTC earns yield. CORE gets scarcer. Supply dries up.
Every mint means: 🔥 CORE bought off the market 🛡️ BTC stays held, earns yield 🔁 Flywheel turns... again and again