Launch of Core DAO Ignition's New Season: Expect Expanded Blockchain Opportunities

user avatar

by Giorgi Kostiuk

a year ago


Core DAO has announced the beginning of Season 3 of the Ignition program, aimed at expanding the organization's blockchain ecosystem. Participants can expect new opportunities and enhanced rewards.

What is Core DAO Ignition?

The Core DAO Ignition program aims to engage users in its bitcoin-centric blockchain ecosystem. It allows users to stake bitcoins without losing access, which is a significant advantage. Additionally, the system's EVM compatibility connects Core to other blockchains. Participants earn rewards for various actions like asset transfers, using apps, or inviting others, paid in tokens.

How the Ignition Program Works

To participate, link a wallet to the Core network and bridge assets, such as $100 in USDT. Users earn 'Sparks' for completing daily tasks and other engagements, viewable on a dashboard with balances, activity, and leaderboard positions. Rewards are given in stCORE tokens, cashable throughout the season.

What to Expect in Season 3

A recent official post indicates 'more Sparks, multipliers, and opportunities' in the new season. While the basic structure remains, such as asset bridging and Sparks rewards, changes like new interaction apps or earning methods are expected.

Core DAO Ignition continues integrating bitcoin into decentralized finance, inviting users to explore a novel ecosystem. Season 3 is crucial for demonstrating the scalability of the Core Foundation's blockchain.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

TON Validators Prepare for Configuration Vote on New Collator Architecture

chest

TON validators are updating their node software and mytonctrl tooling for a configuration vote on a new collator architecture scheduled for August 21 at 0800 UTC.

user avatarKofi Adjeman

Aave's EMode: Efficiency and Risk in DeFi Lending

chest

Aave's EMode feature allows for efficient borrowing among correlated assets but also increases the risk of liquidation during market stress.

user avatarSatoshi Nakamura

Avalanche Surpasses $3 Billion in Tokenized Real-World Assets

chest

Avalanche's tokenized real-world asset value has surpassed $3 billion, marking a significant milestone in its development as a platform for institutional finance.

user avatarNguyen Van Long

Aave's Debt Concentration Raises Concerns Amid Ethereum Volatility

chest

Aave's debt profile shows that a small number of loan positions account for a significant portion of its total outstanding debt, raising concerns about risk concentration.

user avatarJesper Sørensen

Shift in Airdrop Strategy Reflects Changing Market Dynamics

chest

Optimism's decision to reallocate tokens indicates a shift away from broad airdrops towards more strategic ecosystem investments.

user avatarLucas Weissmann

Optimism Governance Approves Reallocation of OP Tokens

chest

Optimism governance has approved the transfer of 5469 million OP tokens from user airdrop reserves to a Strategic Ecosystem Fund managed by the Optimism Foundation.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.