Curated News
By: NewsRamp Editorial Staff
November 20, 2024
Core Foundation Announces Fusion Upgrade for Bitcoin Staking Revolution
Discuss on Reddit
TelegramTLDR
- The Fusion Upgrade enhances Bitcoin staking rewards, making it more dynamic and rewarding for users, giving them an advantage in the BTCfi space.
- Dual Staking and LstBTC are two key features that boost BTC staking rewards and maintain the liquidity of Bitcoin, redefining the potential for Bitcoin staking.
- The Fusion Upgrade makes the Bitcoin staking ecosystem more sustainable and scalable, offering users a chance for sustainable returns in the BTCfi space.
- The Fusion Upgrade introduces Dual Staking and LstBTC, revolutionizing the Bitcoin staking experience and offering a solution to the challenge of choosing between staking and liquidity in the DeFi space.
Impact - Why it Matters
This news matters as it introduces game-changing features for Bitcoin stakers, enhancing their rewards and scalability. It also solidifies Core’s dominance in the BTCfi space, offering sustainable staking solutions and unparalleled scalability across the network. The Fusion Upgrade has the potential to attract new participants looking for sustainable returns in the BTCfi space, making it an important development in the DeFi ecosystem.
Summary
The Core Foundation announced the Fusion Upgrade, a significant update to the Core blockchain that redefines the potential for Bitcoin staking. The upgrade introduces Dual Staking and Liquid Bitcoin Staking (LstBTC), offering scalability and yield enhancements. It also underscores Core’s leading role in yield sustainability, particularly in Bitcoin staking, positioning it as the #1 Bitcoin Scaling chain.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Core Foundation Announces Fusion Upgrade for Bitcoin Staking Revolution
