Core DAO launches Dual Staking to allow users to maximize their returns from staking Bitcoin and CORE tokens.
What is Core DAO Dual Staking?
Core DAO’s Dual Staking system allows users to stake their Bitcoin by delegating to validators in the Core network. Dual Staking takes this further by allowing both BTC and CORE tokens to be staked, significantly boosting yields. The system is powered by the Satoshi Plus consensus, which combines Delegated Proof of Work and Delegated Proof of Stake.
Getting Started with Dual Staking
To start staking, users will need a supported wallet such as Xverse, Unisat, or OKX Wallet. A Core wallet address is required to receive CORE rewards, and minimum staking amounts are set at 0.01 BTC and 1 CORE token.
Key Considerations for Dual Staking
Dual Staking offers higher rewards through predefined CORE staking thresholds. The more CORE tokens you stake, the greater your BTC staking returns. Core DAO is currently voting on adjusting the staking ratios to ensure the network's sustainability.
Core DAO's Dual Staking provides a unique opportunity for users to enhance their staking rewards. It is expected to become a significant part of decentralized Bitcoin staking.
