Core DAO announces the start of Season 3 of its Ignition program, which is aimed at expanding the blockchain ecosystem by engaging users in the Bitcoin network.
What is Core DAO Ignition?
The Core DAO Ignition program motivates users to engage with the Bitcoin-focused blockchain. The Core blockchain allows users to stake their Bitcoin without losing access to it. The Ignition program is divided into 'seasons', offering rewards for specific actions, such as moving assets to the Core platform and using its apps.
How Core Ignition Works
Participants need to link a wallet to the Core network and bridge some funds. Users earn 'Sparks' by completing various tasks like trading and participating in campaigns. The Ignition dashboard shows Spark balances and active campaigns, with rewards issued in stCORE tokens.
Expectations for Season 3
Season 3 promises 'more Sparks, more multipliers, more Ignition'. This suggests new features and ways to increase earnings. The program's structure remains mostly unchanged, though new apps to interact with and modifications in the reward system could appear. The program aims to integrate Bitcoin into decentralized finance.
Core DAO Ignition is part of a larger initiative to expand Bitcoin's usage. It is not just about earning points and rewards but also a step toward large-scale adoption of new technologies.