Core Blockchain Emerges as a Liquid Staking Leader by Offering stCORE, a New Standard in the Market

Core Blockchain is a company making waves in the decentralized finance (DeFi) space by offering innovative solutions like Non-Custodial Bitcoin Staking

Core Blockchain is a company that has been making waves in the decentralized finance (DeFi) space. One of the most thrilling developments from Core Blockchain has been the introduction of liquid staking. This is the process through which token holders can earn rewards for consensus while maintaining access to their assets—their tokens, essentially. Liquid staking has emerged as a favorite among holders of tokens in the Core ecosystem. It is significant not only because it offers yet another way for token holders to earn passive income; it is also significant because it is a feature that exists in the Core ecosystem itself.

The attraction of liquid staking is clear. Staking, while rewarding, makes demands of the user: it immobilizes the tokens until the end of the great time period, which can be anything from a month to a few years, during which the user can’t access their assets or participate in other DeFi activities. In contrast, liquid staking solutions like stCORE simply allow the user to earn the staking reward and still engage freely in DeFi protocols like @colend_xyz, which can sometimes yield APY opportunities that are several hundred basis points above what you might get with a traditional staking setup.

stCORE's Rise Contributes to Record Levels in Circulating Supply

The rise of liquid staking is evident in the rapidly increasing circulation of stCORE tokens. Recent reports indicate that the stCORE token’s circulating supply has reached an all-time high of 18.7 million, showcasing the increasing confidence and engagement of users with the @Coredao_Org network.

Furthermore, the robust and growing supply of stCORE underscores an expanding adoption of both the Core DAO network and the Core Blockchain, which together provide staking products that prioritize liquidity while maximizing staking rewards.

It seems that stCORE realizes two distinct advantages, which explains its success. For one, it allows users to earn staking rewards in a single-sided fashion. Another advantage is that it permits them to keep their tokens liquid and usable within the wider fabric of the DeFi ecosystem. The selling point here is flexibility, a quality which, in our experience, has not often been part of DeFi decisions. stCORE may be DeFi’s first instance of enabling earn-and-spend solutions that allow a user to feel rich in both spheres.

DeFi Participation Meets Network Security

For many DeFi aficionados, engaging in staking is viewed as a compromise between network security and a maintenance of flexibility. Users who stake $CORE help keep the network safe, but part of that request necessitates locking up the tokens that are staked. This naturally imposes a huge limit on what users can do with the staked tokens and the non-staked tokens that are part of the user’s portfolio. And this is what makes staking a tricky proposition when it comes to the DeFi space.

The stCORE protocol permits liquid staking. This solves a dilemma that staked-core participants face. CORE token holders can now earn yields by using CORE in DeFi protocols. At the same time, they can stake the CORE token and earn reward tokens. This setup appears to be a winner all around, much like DeFi that works with liquidity. Most of the time, staked assets are illiquid and stakers do not participate in the main DeFi scene. The main advantage of stCORE over models used by other blockchains seems to be this DeFi aspect.

The Core Blockchain network continues to grow and evolve, with its main goal being to offer flexible staking solutions to drive further adoption and increase engagement across the network’s ecosystem. I assume I could call all of these parties “ecosystem participants.” What sorts of products does this company offer those across the ecosystem?

Looking to the Future of Core Blockchain’s Staking Solutions

Liquid staking with stCORE has become a solution seen as offering clear advantages to users. With a surge of user interest, the supply of stCORE tokens is increasing, which in turn pushes the stCORE platform toward growth. As the DeFi ecosystem keeps blooming, a platform where you can get flexible, liquid staking solutions becomes something of a beacon. The tokens you earn for staking become a flexible form of collateral. This is how the Core Blockchain distinguishes itself in this space.

The achievement of stCORE also showcases a larger trend in the cryptocurrency realm: a migration towards more intuitive, adaptable DeFi solutions that respect both the kinds of earnings users want to see and the kinds of liquid assets that allow them to do more over the crypto sphere. In the maturity stage of this industry, we’re very certain that products like liquid staking are going to be very, very important to the future of blockchain and DeFi. They give users tools to not only maximize whatever holdings they have at the moment but also participate in the way decentralized networks grow and secure themselves against all sorts of threats.

Core Blockchain’s emerging staking solutions are projected to keep pulling in more and more users and developers. The company is clearly making inroads into DeFi, and its ever-expanding reach seems likely to further trench its industry position as a go-to leader. A recent op-ed on Medium by Core DAO makeup