CoreDAO
You can safely stake your CoreDAO
by following the external link to the resource
CoreDAO
EVERSTAKE validator address
About Core DAO
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem.
The idea of Core was sparked by a debate between 2 friends. At the time, one was an ETH maxi, the other, BTC. CoreDAO decided to include the best aspects of each to produce a blockchain that doesn't compromise on Security, Decentralization, and Composability.
Core employs a new consensus algorithm to scale Bitcoin’s fire to new heights, functions, and use cases. Satoshi Plus consensus will empower Core to unite the cornerstones of crypto by combining the security, soundness, and decentralization of Bitcoin with the scalability and interoperability of Ethereum. The result is a Turing complete, EVM-compatible blockchain validated by Bitcoin mining hash power, all operating at the core of Web3.
Interested in staking more than $100,000 worth of CORE or have questions about Core DAO? Please contact us via Discord or book a call with our Head of Staking to discuss advantages for prime customers.
Delegating step-by-step
- Go to the staking page
- Click on the orange "Delegate" button
- Connect your wallet
- Specify the amount of tokens to delegate
- Confirm the action in your wallet
- Done!
faq
What is Satoshi Plus consensus?
+As its name implies, Satoshi Plus consensus begins with the Bitcoin Network. Rather than developing a completely new and independent Proof of Work algorithm, Satoshi Plus directly leverages Bitcoin’s PoW system. Specifically, Satoshi Plus’ PoW component includes Bitcoin miners in the election of Core’s Validator Set by having Bitcoin miners directly delegate their hash power to their preferred Validators.
Complementing the decentralized security of Bitcoin’s PoW, Satoshi Plus also utilizes a form of Ethereum’s scalable and energy-efficient Proof of Stake consensus.
In an attempt to level the playing field, Satoshi Plus utilizes Delegated Proof of Stake (DPoS), which grants all CORE holders voting power in electing the validator set by delegating their CORE holdings to eligible Validators. By allowing even small-stake CORE holders to participate in the validator election process, DPoS empowers the Core community and incentivizes the democratization of staked CORE.
Thus, Satoshi Plus’ DPoS provides scalability on top of PoW’s significant decentralization and security, while still carefully maintaining the decentralization of Validator Set voters and the security ensured by skin-in-the-game incentives.
What is staking?
+Staking is the process by which a CORE token holder assigns their tokens to a particular validator, which helps increase the validators’ weight.
Assigning your tokens to add to a validator’s stake-weight is known as “delegating” your tokens.
Delegating your tokens to a validator does NOT give the validator ownership or control over your tokens.
Is there a minimum amount for staking tokens?
+The minimum stake is 1 CORE.
Where to buy CORE?
+Check out the list of exchanges where you can buy CORE.
Where can I check the validators list and staking information?
+Please refer to the official CoreDAO staking page.
What is the reward frequency?
+Delegators receive CORE rewards daily.
What is APR/Yield?
+APR stands for Annual Percentage Rate. This is the percentage that you will receive when staking with a validator. APR in Core DAO is not stable and may vary a bit. You may find an actual APR on the Core DAO website.
Is it possible to delegate only a portion of my tokens?
+Yes, you may delegate any amount of tokens, but not less than 1 CORE.
Which wallets support CORE?
+The CORE is supported by various wallets, including MetaMask, Bitget, FoxWallet, Onto Wallet, and others. Check the complete list on the Core DAO Ecosystem page.
What is the unstaking period?
+There's no unstaking period limitations in Core DAO. You will receive your tokens as soon as you confirm the undelegation.