About Core Foundation
Core Foundation, established in 2022, is the Proof of Stake (PoS) layer for Bitcoin. We are the first to implement non-custodial Bitcoin staking and support a fully EVM-compatible BTCfi ecosystem. The Core blockchain allows Bitcoin users to access yield, DeFi services, and high transaction per second (TPS) capabilities.
Our main service is Self-Custodial Bitcoin Staking, which turns idle Bitcoin into an asset that earns yield. Users can timelock their Bitcoin for a minimum of 24 hours using Bitcoin’s native CLTV (CheckLockTimeVerify) feature. This allows them to vote for validators and participate in Core’s consensus. Staked Bitcoin stays in the user’s wallet. They keep full custody, with no risk of slashing, wrapping, or bridging. When elected validators produce blocks, rewards are paid in CORE tokens to the user’s EVM address.
We also offer Dual Staking, combining Self-Custodial Bitcoin Staking with CORE token staking. This allows users to earn more Bitcoin staking yield if their CORE-to-Bitcoin ratio is higher. The CORE token is the Core blockchain’s native utility and governance token, with a fixed supply of 2.1 billion. It’s used for transaction fees, network governance, staking to secure the network, and to boost Bitcoin staking yields.
The network uses Satoshi Plus consensus. This mechanism combines decentralized delegations from CORE holders, Bitcoin miners, and Bitcoin holders to elect high-performance validators. We integrate Bitcoin miners through Delegated Proof of Work. Miners can embed metadata in their Bitcoin block coinbase to vote for Core validators and earn additional CORE token rewards.
Our ecosystem supports various dApp categories, including DeFi, gaming, NFTs, and bridges. It’s EVM-compatible, with high throughput and a median gas fee of less than $0.01. We have over 1 million weekly active users. We also partner with Maple Finance to support lstBTC. This is a liquid, yield-bearing Bitcoin token managed by institutional custodians like BitGo, Copper, and Hex Trust. Clients can deposit Bitcoin with a custodian, allowing Maple Finance to stake it, borrow against it, acquire CORE tokens for Dual Staking, and hedge against CORE price risk. The yield earned adds to the lstBTC value.
Frequently Asked Questions
Core Foundation offers Self-Custodial Bitcoin Staking, Dual Staking, and a Bitcoin DeFi ecosystem. It also features the CORE utility and governance token and supports lstBTC, a liquid, yield-bearing Bitcoin token offered through Maple Finance.
Core Foundation ensures Bitcoin safety through Self-Custodial Bitcoin Staking, where Bitcoin is timelocked using its native CLTV feature and remains in the user’s wallet. The process involves no wrapping, bridging, or slashing risk, as the timelock is enforced by Bitcoin’s native consensus rules.
The CORE token serves as the native utility and governance token for the Core blockchain. Its functions include paying transaction fees, enabling participation in network governance, securing the network through staking, and providing access to higher Bitcoin staking yields via Dual Staking.
Core Foundation integrates Bitcoin miners through Delegated Proof of Work. Miners can embed metadata in the Bitcoin block coinbase they mine to vote for Core validators, which allows them to earn supplemental CORE token rewards and strengthens Core’s security.
Core Foundation was founded in 2022.
Core Foundation has 10001+ employees.
Core Foundation hires globally with a remote-first approach, allowing employees to work from anywhere.
Core Foundation is not actively hiring at the moment. Check back later for new opportunities.
Yes, Core Foundation is a remote-first company.
Core Foundation's website is coredao.org .
You can find Core Foundation on LinkedIn .
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