Prabhas
@prabhas
Returning to our foray into BTC-Fi and the Coredao_Org.phaver ecosystem today, and looking into the upcoming dual staking product. Core’s non-custodial BTC staking product is the first of its kind because firstly, all other BTC yield products require holders to relinquish custody of their BTC, which is a major no-go for most holders. But the non-custodial staking creates a risk-free rate for BTC, which then allows a bunch of different financial instruments to be built on top of it. The staking mechanism started with simple BTC staking for $CORE rewards, but Core's now introduced dual staking to create a ‘dual staker rate’ for rewards. The main beneficiaries of dual staking are: 🔶 CORE holders 🔶 Bitcoin miners 🔶 Bitcoin network 🔶 Core network 🔶 Bitcoin and Core users Yeah I know: "Where does the yield come from?" This research piece covers it all, and you can piece together the rest: blocmates.com/articles/core-… @jediblocmates actually has @richrines on @blocmatesorange c…
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艺璟 洪
@cokebujiabing
cool
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