CoreDAO provides a self‑custodial Bitcoin staking protocol that locks BTC on‑chain using native CLTV timelocks, allowing holders to retain full private‑key control while earning yield and voting for validators in its Satoshi Plus proof‑of‑stake system. Staked Bitcoin generates rewards in CORE tokens on an EVM‑compatible, high‑throughput sidechain, and users can boost returns by dual‑staking CORE alongside BTC. The platform also offers a low‑fee ecosystem for DeFi, gaming, NFT, and bridge applications built on a Bitcoin‑backed blockchain.
Funding
Funding not disclosed
Founders
Product
Problem
Bitcoin holders often keep their assets idle because traditional staking solutions require relinquishing custody or rely on centralized services, limiting the ability to earn yield while maintaining full control of their coins.
Solution
CoreDAO offers a self‑custodial Bitcoin staking protocol that locks BTC on‑chain using Bitcoin’s native CLTV timelock feature, allowing users to retain private key control while participating in network consensus. Staked Bitcoin votes for validators in Core’s Satoshi Plus proof‑of‑stake system, and participants receive CORE token rewards on an EVM‑compatible sidechain. The platform combines this Bitcoin staking with a high‑throughput, low‑fee EVM environment, enabling a growing suite of DeFi, gaming, NFT, and bridge applications that leverage the secured Bitcoin yield. Users can also boost their Bitcoin staking returns by dual‑staking CORE tokens, creating a layered incentive structure without sacrificing custody.
Target Audience
Primary users are Bitcoin holders seeking to earn yield without giving up custody, as well as developers and DeFi projects looking to build on a Bitcoin‑backed, high‑performance EVM platform.
Features
- Self‑custodial Bitcoin staking using native CheckLockTimeVerify (CLTV) timelocks, with a minimum lock period of 24 hours
- Full custody retained: BTC never leaves the user’s wallet, and is released automatically after the timelock expires
- Satoshi Plus consensus that aggregates three delegations (CORE holders, Bitcoin miners, and timelocked BTC) to elect high‑performance validators
- Dual staking mechanism allowing users to stake CORE tokens alongside BTC to increase yield up to 1× the base rate
- EVM‑compatible, high‑throughput sidechain with low transaction fees (median < $0.01) supporting a full spectrum of dApps (DeFi, gaming, NFTs, bridges)
- Automatic distribution of CORE token rewards to user‑specified EVM addresses upon block production
- Open ecosystem with tools, mentorship, and SDKs for developers to build and scale Bitcoin‑centric applications