Core DAO's Dual Staking offers Bitcoin holders a chance to increase their yield by simultaneously staking BTC and CORE, maximizing their rewards.
What is Core DAO Dual Staking?
Core DAO's Non-Custodial Bitcoin Staking allows users to delegate their BTC to Core network validators. Dual Staking enables holders to stake BTC and CORE, increasing their staking rewards. The Satoshi Plus consensus combines Delegated Proof of Work and Proof of Stake with Non-Custodial BTC Staking to ensure security and decentralization.
Getting Started with Dual Staking
To start staking, a supported Bitcoin wallet, a Core Wallet address, minimum staking amounts (0.01 BTC and 1 CORE), and gas fees are required. Supported extensions include Xverse, Unisat, and OKX Wallet, with staking available via the Element wallet app.
Key Considerations for Stakers
Bitcoin holders should note that staking uses unique addresses, distinct from typical BTC addresses. Locked funds aren’t accessible until the staking period ends. When selecting lock durations, it is advisable to begin with shorter periods. Users can enhance their rewards by meeting CORE staking thresholds, increasing their share in the Bitcoin Staking Pool.
Dual Staking’s capabilities provide participants a chance to maximize their BTC returns through CORE integration, while Core DAO's continual focus on staking system optimization strengthens its standing in the decentralized staking market.
