The post Core Foundation Launches Fusion Upgrade: Unlocking New Staking Rewards for Bitcoin (BTC) appeared on BitcoinEthereumNews.com.

On November 19th, the Core Foundation unveiled the highly anticipated Fusion upgrade, a significant milestone aimed at fortifying the relationship between Bitcoin and the Core ecosystem. This upgrade integrates two essential features designed to enhance the financial structure of the BTCFi ecosystem. The first, Core Dual Staking, empowers users to stake both Bitcoin (BTC) and CORE tokens concurrently, unlocking elevated staking rewards and creating a more lucrative environment for investors. The second feature, Core LstBTC, introduces a liquidity staking ERC-20 token, offering a 1:1 peg to Bitcoin. This allows participants to accrue daily rewards while simultaneously providing valuable liquidity to the network. The Fusion upgrade not only amplifies staking rewards but also reinforces the long-term viability of the staking landscape. By implementing these advancements, the Core Foundation has cemented its role as a leader in the BTCFi sector and continues to drive momentum in the evolution of the Bitcoin staking framework. Source: https://en.coinotag.com/breakingnews/core-foundation-launches-fusion-upgrade-unlocking-new-staking-rewards-for-bitcoin-btc/

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Filed under: News - @ November 19, 2024 7:27 am