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Bitcoin ETFs have a problem.
Zero yield.
In a world where everything else generates returns, that's a liability.
Core is ready for the inevitable switch. 🔶
When 95% of Bitcoin’s global hash power chooses to secure #Core@Coredao_Org, it’s not a partnership, it’s a verdict. The miners who protect the hardest money on Earth have already decided which chain carries Bitcoin’s future 🔥⛏️.
Rich just dropped a massive post about #CoreDAO's next chapter, so here's the digestible version for anyone who doesn’t feel like reading through the whole thing. 👇
This first part focuses on how Core took Bitcoin's raw energy and turned it into something people could actually use.
The big idea is that Bitcoin has always carried huge untapped energy, but Core was the first to really utilize it. Bitcoin Staking and the early BTCFi stack were basically Bitcoin's lightbulb moment, the point where its power became usable instead of theoretical. That's why miners, holders, asset managers, and DeFi users started treating $CORE as the median asset that unlocks Bitcoin's economic layer.
But just like early electricity, a single product doesn't create a full industry. The lightbulb proved the tech worked, but it didn't make electricity everywhere or essential. Core is in that same spot today: widely respected, clearly functional, but not yet scaled to the point where its impact becomes unavoidable or self-reinforcing.
That's the gap Core is positioning itself to close.
The real shift isn't making a brighter lightbulb, it's building the power grid. The grid is what turned electricity into the environment everything plugged into, and it's the same transition Core is preparing for in BTCFi.
Tomorrow in Part 2, I'll break down what the Bitcoin Power Grid actually means and how it changes the economics for every builder, product, and $CORE holder.
Stay tuned!
Maple vs Core: while most focus on a business dispute, I focus on an alleged BTC ‘impairment’ - how can BTC be ‘impaired’ if its just a simple staking product.
Before the maple BTC product came along, Solv also offered a BTC staking product with @Coredao_Org, SolvBTC.CORE. The structure was simple, user deposit BTC, solv provides CORE for dual staking. The CORE exposure was not hedged, so yields vary (mostly decline, really) to a point our users started to opt for Solv’s other offerings for higher BTC yield.
When maple rolled out lstBTC, I thought was very smart, CORE was hedged, an improvement to SolvBTC.CORE. I was skeptical to an advertised 5% return though, I work in this yield long enough to know a safe BTC staking (not rehypothecated or lent out) is <1%.
Turns out it isn’t that simple - The BTC is put up as collateral. The lending part was never mentioned in the maple website. But it is mentioned in the coredao docs.
So looks like what happens is:
- BTC is lent to maple, who uses it to borrow USDC then buy CORE.
- CoreDao sells cash-collateralised put option to maple to hedge CORE exposure.
- CORE price has dropped from $0.5 to $0.1 from 02/2025.
- CoreDao honoured every put expiries until it found out maple potentially had a breach of contract.
- The injuction forbids maple from selling CORE, hedge stops functioning, maple potentially couldn’t repay its borrowing.
- In extreme case, the BTC collateral can be liquidated to cover the debt.
- Maple will return 85% to BTC lenders now, the rest 15% is left for dispute.
Here's the simple version of this whole #CoreDAO x #Maple mess so folks can quickly understand what happened 👇👇
>CoreDAO teams up with Maple to build a Bitcoin yield product
>CoreDAO puts in money, R&D funding, marketing, subsidies
>Early demand shows the idea works
>Maple's AUM grows fast off that momentum
Suddently the Maple team starts breaching the agreements.🚩🚩🚩
>They started working on syrupBTC
>Kept using Core's confidential blueprint + funding
>Basically tried to release a competing product while smiling in Core's face
Following this mess, Core takes the situation to court, judge reviews the material, and an injunction lands because the issues are serious enough to block Maple from launching syrupBTC or even dealing with $CORE tokens until arbitration is done.
Now Maple claims their BTC might be "impaired" and "can't be returned right now", even though that BTC was meant to be secured with custodians from day one.
CORE is the only asset that allows Bitcoin to earn trustlessly.
This is why Europe's largest DATCO, @BTCS_SA, is acquiring CORE to power their Bitcoin treasury. 🔶
This is one of the only chains where you can stake native Bitcoin.
@Coredao_Org is the ONLY solution needed so $BTC can reach 200K.
Let me explain.
@Bitcoin itself is pristine collateral but lacks one crucial element: a native DeFi layer. $BTC holders historically faced a tough choice: hold passively, or take risks through centralized lending and questionable bridges.
Core solves this by directly integrating BTC into decentralized finance without losing custody.
🌎Bridge real BTC onto Core and get lstBTC back 1:1, secured by trusted custodians like BitGo, Copper, and Hex Trust.
🌎 Your Bitcoin stays liquid and can earn yield directly from block rewards and transaction fees.
🌎 No central risk, no shady lenders, and you never give up custody.
🌎Redeem your staked BTC instantly anytime you want.
I hope people realize how this fundamentally changes BTC's valuation dynamics.
The only outcome is a powerful upward spiral that pushes BTC demand higher, bringing $200K within striking distance.
✍️Join for more information.
@Coredao_Org@CommunityofCore
This is the absolute truth. Hype attracts speculators; proof builds trust. And that proof comes from the 'how'—how does it work, how is data secured, how do you prove it? Institutions are in the trust business, and the 'how' is their foundation. #COREDAO
According to @CoinMarketCap, there are 1.017B $CORE in circulation.
260.87M $CORE are already staked, about 25.6% of supply.
That's already higher than $STX (~14%), $SOL (~22%), and $ETH (~24%).
It means something when the youngest chain's leading the old ones.
ICYMI: @Coredao_Org hit an all-time high for DEX volume at $45M on Oct. 26
While this milestone was fueled by @moltendex, it shows the network's ability to facilitate large amounts of trading while upholding security
https://t.co/CMFyLN2W1s
🚨 New Video: @Coredao_Org’s Hermes Hardfork Goes Live!
The long-awaited upgrade just hit Testnet2 — bringing faster finality, new validator tools, and BLS12-381 support for devs⬇️
https://t.co/GRQg1EPurh
The lstBTC flywheel on @Coredao_Org hasn’t even started spinning… yet.⚙️
Once live, 15% of every lstBTC minted will be used to buy CORE from the market and lock it🔁
As BTC rises,the flywheel accelerates — constantly removing CORE from circulation.
Launch is closer than ever🚀