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Core Chain launches dual staking model to increase Bitcoin yields

Core Chain launches dual staking model to increase Bitcoin yields

CointimeCointime2024/07/25 10:40
By:Cointime

The Core Foundation announced on Thursday that it will introduce a dual staking model for Core Chain. This model is built on top of Core's existing non-custodial Bitcoin staking system, which was launched earlier this year. The dual staking model allows Bitcoin holders to earn higher returns by staking Bitcoin and CORE tokens. The foundation stated that since its launch in April, the non-custodial Bitcoin staking system on Core Chain has attracted approximately 5,000 Bitcoins, worth about $309 million.

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