CoreChain (CORE)
Validators
| Name | Address |
|---|---|
Kiln |
Mechanics (BTC Staking)
Stake activation time | 0-1 day (end of current round) 1 round = 1 day |
Auto-compounding | No |
Unbonding time | You delegate your assets for a set number of days (current minimum = 10). Once the period has ended, you can redeem your BTC. You can't redeem your coins beforehand. |
Rewards Distribution | Daily. CORE rewards are generated on a daily / per round basis and available to claim the following day / round. |
Active Set | Top 25 by Voting Power |
Slashing | Only the validator's self-stake is at risk. The delegator's BTC can't incur slashing. |
Mechanics (CORE Staking)
Stake activation time | 0-1 day (end of current round) 1 round = 1 day |
Auto-compounding | No |
Unbonding time | Instant |
Rewards Distribution | Daily. CORE rewards are generated on a daily / per round basis and available to claim the following day / round. |
Active Set | Top 25 by Voting Power |
Slashing | Only the validator's self-stake is at risk. The delegator's CORE 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 transaction 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. |
What is the reward claim process? | Visit: https://stake.coredao.org/ and connect your Wallet/custody solution. NOTE: Ensure you have some CORE in your wallet to pay gas fees for the initial rewards claim. |
How is commission paid? | Commissions are paid to the validator at the same frequency as the reward distribution (every round). |
How to stake
Visit: https://stake.coredao.org/ and connect your Wallet/custody solution:
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