$CORE
+0.65%
Bitcoin just hit $81,000 and $CORE team has been building incredibly and they have just released a significant update for Bitcoin staking šŸ”„ It's Core’s Fusion upgrade! Some Key points why it matters: The Fusion upgrade introduces Dual Staking and Liquid BTC Staking (lstBTC). āœ…Dual Staking Benefits āž”ļøDual staking lets BTC stakers earn higher yields by also staking $CORE. āž”ļø6,000 BTC already staked can now participate in dual staking, which will drive up demand for $CORE. āœ…Increased Demand for $CORE āž”ļøAs the TVL of staked BTC grows, demand for $CORE is expected to increase. āž”ļøBTC staking grew from 0 to 6,000 BTC in six months, with projections of over 1,000 BTC joining the network, which should further boost demand for $CORE. lstBTC and DeFi on Core āž”ļølstBTC unlocks BTC for DeFi applications on the Core chain, enabling lending, borrowing, and restaking. āž”ļøThis expands Core’s ecosystem and supports sustainable yields. āœ…Institutional Interest āž”ļøInstitutional investors are participating in Core's ETP and integrating dual staking to earn yields on their BTC holdings, highlighting the appeal and growth potential of Core’s ecosystem. Overall this means more demand for $CORE Disclaimer - I’m holding $CORE so Please don’t forget to do your own research
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