Core DAO introduces a new staking model that allows Bitcoin and CORE token holders to maximize their rewards through Dual Staking.
What is Core DAO Dual Staking?
Core DAO offers Non-Custodial Bitcoin Staking, enabling users to stake Bitcoin while maintaining control over their assets. Dual Staking elevates this by allowing staking of both BTC and CORE tokens, significantly boosting rewards. It operates on the Satoshi Plus Consensus, combining Delegated Proof of Work from Bitcoin miners, Delegated Proof of Stake from CORE holders, and Non-Custodial BTC Staking.
Getting Started with Dual Staking
To start, you'll need: a supported Bitcoin wallet (Xverse, Unisat, OKX), a Core wallet address, minimum staking amounts (0.01 BTC and 1 CORE), and consideration of gas fees. Mobile or hardware wallet staking is currently unavailable.
How Dual Staking Boosts Rewards
Dual Staking allows Bitcoin stakers to earn higher rewards based on predefined CORE staking thresholds. The more CORE you stake, the more you earn from BTC staking. Core DAO distributes staking rewards through three main pools: hash power delegators, Bitcoin stakers, and CORE stakers. Dual Staking increases your share in the Bitcoin Staking Pool.
Core DAO Dual Staking represents a significant enhancement in earning potential for Bitcoin and CORE token holders, offering increased rewards and improved security.