Core Blockchain Revolutionizes Staking with Liquid Staking and Non-Custodial Solutions

Core Blockchain is a company making waves in the decentralized finance (DeFi) space by offering innovative solutions like Non-Custodial Bitcoin Staking, coreBTC, and Liquid Staking with stCORE.

These offerings are enabling users to simultaneously maximize their holdings and fulfill the DeFi promise of participating in a network’s growth, all without compromising liquidity or access to their assets.

One of the most thrilling developments from Core Blockchain has been the introduction of liquid staking. This is the process through which token holders can earn rewards for consensus while maintaining access to their assets—their tokens, essentially. Liquid staking has emerged as a favorite among holders of tokens in the Core ecosystem. It is significant not only because it offers yet another way for token holders to earn passive income; it is also significant because it is a feature that exists in the Core ecosystem itself.

The attraction of liquid staking is clear. Staking, while rewarding, makes demands of the user: it immobilizes the tokens until the end of the staking period, which can be anywhere from a month to a few years, during which the user can’t access their assets or participate in other DeFi activities. In contrast, liquid staking solutions like stCORE simply allow the user to earn the staking reward and still engage freely in DeFi protocols like @colend_xyz, which can sometimes yield APY opportunities that are several hundred basis points above what you might get with a traditional staking setup.

stCORE Sets New Record in Circulating Supply

The rise of liquid staking is evident in the rapidly increasing circulation of stCORE tokens. Recent reports show that the stCORE token’s circulating supply has reached an all-time high of 18.7 million, signifying that users are more confident and committed than ever to the @Coredao_Org network. Furthermore, the robust and growing supply of stCORE underscores an increasing adoption of not just the Core DAO network but also the Core Blockchain, which together offer staking products that maintain liquidity while maximizing staking rewards.

stCORE’s success stems from two distinct advantages. For one, it allows users to earn staking rewards. For another, it lets them keep their tokens liquid and usable within the wider DeFi ecosystem. The selling point here is flexibility, a quality which, in our experience, has not often been part of DeFi decisions. stCORE may be DeFi’s first instance of enabling earn-and-spend solutions that allow a user to feel rich in both spheres.

DeFi Participation Meets Network Security

For numerous DeFi aficionados, engaging in staking is frequently viewed as a compromise between network security and a maintaining of flexibility. Users who stake $CORE help keep the network safe, but part of that request necessitates locking up the tokens that are staked. This naturally imposes a big limit on what users can do with the staked tokens and the non-staked tokens that are part of the user’s portfolio. And this is what makes staking a tricky proposition when it comes to the DeFi space.

The stCORE protocol permits liquid staking. This resolves a conundrum that staked-core participants face. CORE token holders can now earn yields by using CORE in DeFi protocols. At the same time, they can stake the CORE token and earn reward tokens. This setup appears to be a winner all around, much like DeFi that works with liquidity. Most of the time, staked assets are illiquid and stakers do not participate in the main DeFi scene. The main advantage of stCORE over models used by other blockchains seems to be this DeFi aspect.

The Core Blockchain network keeps on growing and evolving, with its main goal being to offer flexible staking solutions to drive further adoption and increase engagement across the network’s ecosystem. From what I can tell, this ecosystem includes the network itself, users who perform transactions with the network, stakers, and developers who create applications that run on the network. I assume I could call all of these parties “ecosystem participants.” What sorts of products do this company offer those across the ecosystem?

Looking to the Future of Core Blockchain’s Staking Solutions

Liquid staking with stCORE has become a solution seen as offering clear advantages to users. With a surge of user interest, the supply of stCORE tokens is climbing, which in turn pushes the stCORE platform toward assured growth. As the DeFi ecosystem keeps blooming, a platform where you can get flexible, liquid staking solutions becomes something of a beacon. The tokens you earn for staking with these staked assets become a flexible form of collateral. This is how the Core Blockchain distinguishes itself in this space.

The achievement of stCORE also showcases a larger trend in the cryptocurrency realm: a migration towards more intuitive, adaptable DeFi solutions that respect both the kinds of earnings users want to see and the kinds of liquid assets that allow them to do more over the crypto sphere. In the maturity stage of this industry, we’re very certain that products like liquid staking are going to be very, very important to the future of blockchain and DeFi. They give users tools to not only maximize whatever holdings they have at the moment but also participate in the way decentralized networks grow and secure themselves against all sorts of threats.

Core Blockchain’s emerging staking solutions are projected to keep pulling in more and more users and developers. The company is pretty clearly making inroads into DeFi, and its ever-expanding reach seems likely to further entrench its industry position as a go-to leader. A recent op-ed on Medium by Core DAO makeup artist Jonathan Liu outlined what he sees as the major staking opportunities that should keep coming to Core Blockchain and its community over the next few months.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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