On March 12, 2025, Core DAO Ignition program, aimed at expanding the blockchain ecosystem, will commence its third season. Eyes are on what the new season holds for participants and the BTCFi blockchain.
What is Core DAO Ignition?
Core DAO Ignition aims to engage users with its blockchain and ecosystem revolving around Bitcoin. Core blockchain allows users to stake their Bitcoin without losing access, making it a bridge between Bitcoin and other blockchains. Under Ignition, users receive rewards for specific actions like moving assets to Core, using apps, or inviting new users.
How Ignition Works
Users link a wallet to the Core network and bridge funds, like $100 in USDT. After registering, they're provided a dashboard to monitor engagement. Rewards are earned as 'Sparks,' points for completing specific tasks like trading or lending.
What to Expect from Season 3
Season 3 promises more Sparks, multipliers, and earning opportunities. While the structure remains, new applications and point accumulation changes may be introduced, providing more ways to earn.
Core DAO Ignition is part of a broader initiative to integrate Bitcoin into decentralized finance. The new season is a pivotal stage for testing the scalability of their blockchain and determining its significant place in BTCFi.