Stage 3 Accumulation Zone Analysis
$CORE is currently in a stage 3 accumulation zone, signaling potential for upward momentum. Key confirmation points include:
- Range low reclaim: Indicates a deviation setup for continuation into stage 4.
- Trigger at lows: Could validate a bullish reversal.
👉 Track real-time CORE price movements
Deep Dive: CoreDAO and BTCFi Revolution
1. What Is CoreDAO?
CoreDAO is a Bitcoin-native DeFi platform enabling self-custodial yield generation. Key milestones:
- 6,000+ BTC staked non-custodially.
- $600M+ TVL with 75% of Bitcoin’s mining hash power secured.
- 44M+ addresses and 100+ dApps deployed.
2. Innovations Driving BTCFi Adoption
Satoshi Plus Consensus
Combines:
- Delegated Proof of Work (DpoW).
- Delegated Proof of Stake (DpoS).
- Non-custodial BTC staking.
Key Features:
- Dual staking: Maximize yields with BTC + $CORE.
- lstBTC (Coming Soon): Institutional-grade liquid staking.
- EVM Compatibility: Seamless dApp migration.
👉 Explore CoreDAO’s staking rewards
3. $CORE Tokenomics
| Function | Details |
|----------|---------|
| Transaction Fees | Pays for network operations. |
| Staking Rewards | Earn yield via BTC/$CORE staking. |
| Governance | Vote on protocol upgrades. |
Supply Dynamics: Burns a percentage of block rewards/gas fees.
4. CoreDAO Ecosystem Growth
- DeFi: DEXs, lending protocols, NFT markets.
- Institutional Partners: BitGo, Maple Finance, Hashnote.
- Builders Programs: Funding for developers.
FAQs
Q: How does CoreDAO ensure Bitcoin’s security?
A: Through Satoshi Plus consensus, leveraging Bitcoin’s hash power and decentralized staking.
Q: What’s the advantage of non-custodial BTC staking?
A: Users retain ownership while earning yield—no third-party custody risks.
Q: When will lstBTC launch?
A: Expected in 2024, offering liquid staking for institutions.
Q: How can developers build on CoreDAO?
A: Apply for grants via Core Ignition or Starter Program.
Final Thoughts
BTCFi represents a $6.3B opportunity (0.32% of Bitcoin’s market cap). CoreDAO’s infrastructure is pioneering this shift—watch for lstBTC and institutional adoption.