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Core Foundation Launches Dual Staking Model to Boost Bitcoin Yields with $CORE

Jul 25, 2024, 11:32 AM

The Core Foundation has announced the adoption of a Dual Staking model aimed at boosting Bitcoin yields. This new model builds on Core's previous implementation of Non-Custodial Bitcoin Staking, which acts as a Bitcoin bond layer to establish the Bitcoin Risk-Free Rate. Both Bitcoin and CORE tokens ($CORE) can now be staked together for enhanced yield. The initiative is expected to impact about 55% of Bitcoin mining.