About Core

Coreis Bitcoin’s first Proof of Stake (PoS) layer and home to the largest Bitcoin DeFi ecosystem. By combining Bitcoin’s unmatched security with the scalability of the Satoshi Plus consensus, Core offers a powerful foundation for BTCfi to thrive.

Launched in January 2023, Core has processed over 346 million transactions, attracted 36 million unique addresses, and achieved $900 million in total value locked (TVL). By combining Bitcoin’s security with EVM compatibility, Core enables scalable smart contracts and expands Bitcoin’s utility.

Information about Core Ignition Season 2

Core Ignition is a six-month incentive program by the Core Foundation designed to accelerate the growth of the Core ecosystem. With Season 1 ending on September 11, 2024, Season 2 brings exciting updates:

Enhanced User Experience: A redesigned interface paired with a new teamplay mechanism allows community users to join forces as a team. By collaborating and competing together, teams can climb the ranks and unlock greater rewards, with higher team scores leading to more Sparks.
Upgraded Rewards: Revamped Spark mechanics offer increased rewards, making participation more engaging and rewarding. Additionally, enhanced multiplier opportunities for CORE and stCORE holders provide retail users with even more chances to participate and benefit.

Discover Core’s Ecosystem

Core Scan: A block explorer to track transactions, monitor the blockchain, and check validator performance. It provides detailed insights into block production, token transfers, and smart contract interactions.
CoreX: A decentralized platform combining trading, social features, and AI-powered tools. It enhances user engagement while supporting crypto asset trading and analysis.
Colend: Core’s decentralized lending platform, designed to restore healthy monetary dynamics in the financial system. It emphasizes the core advantages of decentralization—non-custodial, trustless, and resilient.
BitFLUX: A DEX designed for BTC-pegged assets, enabling low-slippage swaps and improved Bitcoin liquidity in DeFi.
Glyph Exchange: Serves as the inscription asset standard for Core, enabling the trading of inscription assets and ERC-20 tokens in a decentralized, smart contract-enabled environment.
Pell Network: A decentralized BTC restaking protocol that enhances Bitcoin’s security while providing additional staking rewards.
NLX: A platform for trading on-chain perpetual futures backed by Bitcoin, with a focus on decentralization and reduced counterparty risks.
Solv Protocol: An innovative platform within the Core ecosystem, specializing in unlocking the full potential of digital assets through advanced financial solutions. Its offerings are designed to enhance asset utility and generate new opportunities for users within the DeFi space.
Avalon Finance: A Liquidity Hub for BTCfi.

Visit the Ignition Dashboard and click the

Explore dApps tab on the left to access the full list of options. Or check out our

introduction about Core to learn more about Core’s thriving ecosystem.

Benefits

🌟 Earn Sparks for $stCORE Airdrops

stCORE is the liquid staking token of Core DAO, allowing users to stake CORE while maintaining liquidity. When users stake, they receive stCORE at a 1:1 ratio, which accrues rewards over time. Unlike traditional staking, stCORE can be traded, lent, or used in DeFi, offering flexibility and additional yield opportunities while still securing the Core network.

🌟 Additional Airdrop Opportunities from Other Protocols

🌟 Explore Top Farming & Airdrop Opportunities on Core

Risk Involved

⚠️ Smart Contract Risks – Interacting with on-chain protocols involves inherent risks, including vulnerabilities in smart contracts.

⚠️ Activity-Specific Risks: Risks vary depending on the type of on-chain activity:

Liquidation Risk – Affects lending and borrowing activities.
Market Price Risk – Due to trading and price volatility.
Stablecoin Depeg Risk – Risk of stablecoin losing its peg.
Additional Risks – Dependent on specific actions within the ecosystem, such as bridging or farming.

Security

✅ Core is audited by reputable third-party security firms that conduct comprehensive audits of its smart contract code. Check out their audit reposts here:

https://docs.coredao.org/docs/Learn/audit

The audit does not guarantee any hacks. Please do not invest with more than you can afford to lose.

How to Get Started with Core Ignition

Join the Program: Go to
Core Ignition Drop
and click “Earn Sparks”.
Connect Your Wallet: Link your EVM-compatible wallet and follow the step-by-step signup process.
Earn Sparks: Use DeFi protocols, NFT marketplaces, and DEXs to start earning Sparks points. Note: Sparks are points that measure your engagement and activity within the Core ecosystem. By participating in activities like bridging, swapping, lending, borrowing, providing liquidity and more , you can accumulate Sparks and unlock dynamic rewards. Keep an eye out on the active campaigns that award multipliers, Spark Boosts and badges!
Track Your Progress: Check your points anytime
here
to see your engagement progress.

Bridge & Explore Dapps

After you join the program, you will see your own dashboard.
Click on “Bridge” to bridge your assets to Core Network. Note: Bridge at least 10 USDT to Core to qualify for the Core Faucet, which deposits some CORE into your wallet. This one-time benefit lets you start transacting on the Core blockchain immediately. Bridge at least 100 USDT to be able to generate an invite code and build your team.

3. Click on “Explore Dapps” to discover opportunities in the Core Ecosystem.