Core, a prominent player in the cryptocurrency industry, has introduced an attractive incentive for BTCB token holders. From June 13th to July 23rd, participants can double their daily Spark accumulation through the Core Ignition Drop, offering a 2X Spark multiplier. This move aims to stimulate community engagement with decentralized applications (dApps) on the platform, improving the utility and value of holding BTCB.
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— Core DAO 🔶 (@Coredao_Org) June 13, 2024
BTCB, a tokenized version of Bitcoin (BTC), operates within the BNB Smart Chain ecosystem. It is designed to allow users the flexibility to utilize the value of Bitcoin in a more diversified environment, while maintaining 1:1 support with Bitcoin itself. This ensures that the value of BTCB is constantly pegged to BTC, ensuring reliability and stability.
Acquisition and use of BTCB
Users new to the Core ecosystem can acquire BTCB through two main methods: by purchasing BTCB on supported decentralized exchanges (DEX) and linking them to Core, or by linking SolvBTC to Core and using it to borrow BTCB through the Colend platform. These routes are aimed at non-holders and current SolvBTC holders, ensuring flexibility and ease of entry into the Core system.
Once BTCB is acquired, users can leverage their holdings by participating in COREx and Glyph pools, where added liquidity provides additional earnings through transaction fees and G-Point rewards. The 2X Spark Multiplier further enhances earning potential by doubling Sparks earn daily when BTCB is deposited into participating dApps.
Core continues to expand its ecosystem, with upcoming updates expected to integrate more dApps that support BTCB, providing even more excellent opportunities to utilize and benefit from BTCB holdings. The core community is encouraged to stay informed about these developments to take full advantage of their BTCB during this promotional period.
This limited-time offer provides an exceptional opportunity for BTCB holders to significantly increase their rewards and maximize their engagement within the Core ecosystem. With its strong support and continued growth of its platform, Core positions itself as a key player in bringing Bitcoin functionality to a broader blockchain environment.
