Bitcoin Staking Platform Core Joins Maple

Core Foundation Partners with Maple Finance for BTC Staking

• Core Foundation has partnered with Maple Finance and custody firms BitGo, Copper, and Hex Trust.
• The IstBTC token allows institutional participants to earn yield on bitcoin holdings safely.
• A liquid staking token will be issued by Maple, enabling staked BTC as collateral in DeFi.
• Maple’s existing BTC staking product targets a yield of over 5% APY with a 90-day lock-up period.
• The liquid staking token (lstBTC) will offer better liquidity but potentially lower APR.

Core Foundation’s partnership aims to enhance BTC staking opportunities, offering a yield of over 5% APY through its IstBTC token while ensuring secure custody solutions. This initiative is expected to unlock new liquidity in the DeFi ecosystem.