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VisitWill Core's Dual Staking model reach $1 billion TVL by December 31, 2024?
Yes • 50%
No • 50%
Publicly available blockchain analytics platforms such as DeFi Pulse or Core Foundation's official announcements
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.
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