Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets

Quick Summary:

While users can stake BTC at a lower rate, those who stake BTC with Core tokens get an enhanced yield. “Dual Staking can multiply base staking rewards over 15 times, depending on how many CORE tokens are staked,” Core said in a statement. Core’s new milestone highlights growing demand for Bitcoin stakingThe latest milestone was driven in part by institutional investors integrating Core’s staking model into their platforms.

Core added that it had partnered with Maple Finance for a structured asset that uses Core’s dual-staking to generate yield. Rines told Cointelegraph that institutions have been crucial catalysts to the early success of its dual staking model.

It reflects that users, both retail and institutional, are actively looking to put their Bitcoin to work securely and sustainably.”Rines emphasized that Core’s dual-staking system offers a sustainable utility for long-term Bitcoin holders without requiring them to relinquish custody.“This is Bitcoin becoming productive, not by trusting third parties, but by participating in a system designed to reward real alignment and long-term engagement,” Rines said.

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Article Details

Author / Journalist: Cointelegraph by Ezra Reguerra

Category: Crypto

Markets: United States

Topics: Staking Core Cointelegraph Model Tokens Dual-staked Rines Bitcoin Core’s Told Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 14:36:35 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27756881

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

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News Last Updated: 7 hours ago

Coverage Areas: United States

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Publisher ID: #11

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