The Core Foundation, driving the largest Bitcoin DeFi ecosystem, announced the Core blockchain’s Fusion Upgrade, significantly enhancing Bitcoin staking capabilities. This update deeply integrates Core and Bitcoin, introducing Dual Staking and Liquid Staked Bitcoin (LstBTC).
“Fusion elevates Bitcoin staking, creating a more dynamic and rewarding ecosystem,” stated Rich Rines, Core’s Initial Contributor. “This upgrade boosts scalability and yields, attracting new participants seeking sustainable returns in BTCfi.”
The Fusion Upgrade includes two key features: Dual Staking (live) and LstBTC (launching soon).
1. Dual Staking: This feature increases BTC staking rewards for both Bitcoin and CORE token stakers.
2. LstBTC – Liquid Staked Bitcoin Pegged 1:1 to BTC: LstBTC, an ERC-20 token, offers daily CORE token rewards while maintaining Bitcoin liquidity, addressing the long-standing liquidity versus staking dilemma.
Sustainable Staking and Unparalleled Scalability
The upgrade highlights Core’s commitment to sustainable Bitcoin staking yields. Liquid staking and dual staking enhance yields and network scalability.
Core, having launched the first non-custodial Bitcoin staking protocol securing over 7,600 BTC, remains a leader. As a complete BTCfi solution, it offers Bitcoin staking yields and a Bitcoin-secured smart contract platform. Bitcoin miners also secure the Core blockchain by delegating hash power for CORE token rewards, mitigating decreasing Bitcoin block subsidies. Core boasts ~75% of Bitcoin’s delegated hash rate, protecting over 100 EVM-compatible dApps, serving tens of thousands of daily active users and over $650 million in TVL. Dual Staking and LstBTC further solidify Core’s position as the leading Bitcoin scaling chain, permanently linking CORE and Bitcoin.
For Dual Staking FAQs, visit . For more information on Core Foundation, visit .
About Core
Core serves as Bitcoin’s Proof-of-Stake layer, pioneering non-custodial Bitcoin staking and securing an EVM-compatible BTCfi ecosystem. Since April 2024, have been staked with Core, improving Bitcoin’s utility and security. Core, the most Bitcoin-aligned EVM blockchain, leverages ~75% of Bitcoin’s mining hash power for network security. This has resulted in millions of Core users since its January 2023 mainnet launch.
CONTACT: core(at)transformgroup.com
