As Core DAO Ignition's Season 2 concludes, anticipation for the upcoming Season 3 shifts focus to new changes and opportunities in the BTCFi blockchain.
What is Core DAO Ignition?
The Core DAO Ignition aims to encourage user engagement with its Bitcoin-based blockchain. Users can stake Bitcoin without losing access, making it a bridge between Bitcoin and other blockchains due to its EVM compatibility. Participants earn rewards for specific actions like transferring assets, using apps, or inviting new users. Each program phase is divided into 'seasons'. The first two seasons were successful, with millions of rewards and numerous registered users.
How Core Ignition Works
Anyone can join by linking a wallet to the Core network and bridging assets. Participants earn 'Sparks' for completing daily tasks. The dashboard shows balances, active campaigns, and leaderboard positions. Rewards are given as stCORE tokens, which can be cashed in during the season.
What to Expect From Season 3
The official Core DAO account hinted at 'more Sparks, more multipliers, more Ignition', indicating fresh features and increased rewards. While the program's structure remains, changes aim to enhance involvement and boost network activity by integrating Bitcoin into the decentralized finance arena.
The Core DAO Ignition program offers users a chance to explore decentralized finance through Bitcoin, expanding its usage boundaries. It's an experiment for Core Foundation to assess their blockchain's scalability.
