• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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

user avatar

by Giorgi Kostiuk

10 months 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Federal Reserve Injects $25 Billion into Banking System

chest

The Federal Reserve has injected $25 billion into the US banking system through an overnight repo operation, raising concerns about ongoing market stability.

user avatarEmily Carter

XRP Liquidation Heatmap Reveals Concentrated Leverage Above Current Price

chest

Crypto analyst Steph Is Crypto highlights a three-month liquidation heatmap for XRP, showing significant leveraged positions above the current price level.

user avatarTomas Novak

Crypto Market Shifts from Narrative-Driven to Business-Driven Tokens

chest

Mike Novogratz highlights the shift in the crypto market from narrative-driven tokens to business-driven assets, emphasizing the need for projects to demonstrate real business performance to attract investment.

user avatarMaya Lundqvist

Bitcoin's Unique Position as Money Emphasized by Galaxy CEO

chest

Mike Novogratz emphasizes Bitcoin's unique position as money, highlighting its clear valuation framework compared to other cryptocurrencies treated like businesses.

user avatarKaterina Papadopoulou

US Lawmakers Propose Tax Relief for Small Stablecoin Transactions

chest

US lawmakers propose a draft to exempt small stablecoin transactions from capital gains taxes, allowing payments up to $200 to avoid gain or loss recognition.

user avatarLeo van der Veen

Coinbase CEO Brian Armstrong Opposes Reopening GENIUS Act

chest

Brian Armstrong, the CEO of Coinbase, opposes reopening the GENIUS Act, claiming it would cross a red line and criticizing banks for lobbying against stablecoin competition.

user avatarLi Weicheng

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.