Core DAO

Core DAO is the decentralized autonomous organization behind Core Chain, a high-performance, EVM-compliant, layer-one blockchain designed to be a scalable and secure smart contract platform complementary to Bitcoin. The project’s primary goal is to extend the functionality of Bitcoin by enabling decentralized applications (dApps), DeFi, and smart contracts without requiring modifications to the Bitcoin mainnet.

Core Chain is powered by the innovative Satoshi Plus consensus mechanism, which combines Delegated Proof of Work (DPoW), Delegated Proof of Stake (DPoS), and Bitcoin self-staking using the CLTV feature. This allows Bitcoin miners and BTC holders to participate in securing the Core network by earning rewards in CORE tokens without having to hand over their assets to third parties.

With full compatibility with the Ethereum Virtual Machine (EVM), developers can easily migrate dApps from Ethereum to Core using familiar tools and libraries. Additionally, Core offers the LayerZero-based Core Bridge for cross-chain interoperability and lstBTC, a liquid Bitcoin token with yield that provides additional utility for BTC holders.

The CORE token serves as both a utility and governance token in the ecosystem. It is used to pay transaction fees, participate in staking, and vote on network governance. With a fixed supply of 2.1 billion tokens, the CORE distribution is aimed at supporting long-term sustainability and decentralized governance.