CoreChain (CORE)

Validators

Mechanics (BTC Staking)

MetricsValue

Stake activation time

0-1 day

Auto-compounding

No

Unbonding time

You delegate your assets for a set number of days. Once the period as ended, you can redeem your BTC. You can't redeem you coins beforehand.

Rewards Distribution

Rewards are distributed daily.

Active Set

Top 23 by Voting Power

Slashing

Only the Validator's self-stake is at risk. The delegators tokens can't incur slashing.

Mechanics (CORE Staking)

MetricsValue

Stake activation time

0-1 day

Auto-compounding

No

Unbonding time

Instant

Rewards Distribution

Rewards are distributed daily.

Active Set

Top 23 by Voting Power

Slashing

Only the Validator's self-stake is at risk. The delegators tokens can't incur slashing.

Staking workflow

What is the staking process?

CORE staking is comparable to other dPOS chains. Once the delegation happens, CORE tokens will be attributed to a chosen operator. Core DAO’s methodology for integrating bitcoin staking centers on CLTV timelock. Basically, when users stake their BTC, they send a traansaction to themselves, with a native timelock enforced on the output. Users can redeem the BTC after the timelock has ended. see image above.

You can find more details about Bitcoin Native Staking here.

How is commission paid?

Commissions are paid to the validator at the same frequency than the reward distribution (every round).

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