The Core DAO Ignition program, designed to expand the blockchain ecosystem, is launching its third season. Participants anticipate changes that could enhance engagement with the blockchain.
What Is Core DAO Ignition?
The Core DAO Ignition program encourages users to engage with a blockchain ecosystem centered around Bitcoin. A key feature of Core is the ability to stake Bitcoin without losing access, acting as a bridge between Bitcoin and other EVM-compatible blockchains. Within Ignition, users earn rewards for specific tasks like moving assets to Core, using its applications, or inviting others to join the ecosystem.
How the Ignition Program Works
The Ignition program kicks off when a wallet is linked to the Core network and assets, like $100 in USDT, are bridged. Upon registration, users are given a dashboard to track engagement. 'Sparks,' the program’s currency, are earned for completing tasks. Network applications, like trading or lending, can also be profitable. The dashboard is transparent, allowing users to see their earned Sparks and active campaigns at any time.
What to Expect From Season 3
The official Core DAO page hints at 'more Sparks, more multipliers' for Season 3, suggesting new features, higher earnings, or enhanced rewards. While the program's structure remains constant, suggestions of 'more' hint at potential changes in point earning methods or new applications to interact with. Importantly, Season 3 begins immediately after Season 2 ends, indicating Core DAO's intent to bolster user engagement and maximize network activity.
The advantages of Core DAO Ignition's third season could be a significant milestone for participants and strengthen the BTCFi network’s market position. Anticipated innovations might further integrate Bitcoin into decentralized finance, making it a more adaptable and powerful tool in the current ecosystem.