The Core DAO Ignition program, aimed at expanding the blockchain ecosystem, launches its third season.
What is Core DAO Ignition?
Core DAO Ignition is a program that motivates users to engage with the Core blockchain, centered around Bitcoin. It allows users to stake Bitcoin without losing access to it and acts as a bridge between Bitcoin and other blockchains. Participants earn rewards for actions such as moving assets to Core, using its apps, and inviting new users. The program is divided into 'seasons,' with the third season starting on March 12, 2025. The focus is on encouraging network usage and exploring new blockchain possibilities.
How Core Ignition Works
Joining the program is simple: connect a crypto wallet to the Core network and transfer some funds, such as $100 in USDT. Participants earn points known as 'Sparks,' which are granted daily for completing specific tasks. This can include trading approved assets, lending, or inviting friends. Sparks can be viewed on a dashboard, which also shows active campaigns and team stats. Rewards are given in stCORE tokens and can be cashed in throughout the season.
What to Expect from Season 3
The third season promises 'more Sparks, more multipliers, more Ignition,' as mentioned in a recent post by Core DAO. This could mean new ways to increase earnings or higher rewards for existing activities. The core structure remains: participation requires bridging assets, and Sparks are the reward system. Core DAO Ignition aims to integrate Bitcoin into decentralized finance, offering participants the chance to explore new blockchain ecosystem aspects.
The third season may play a pivotal role in Core's continued success and strengthen its position in the blockchain industry.