Core Foundation has successfully plugged Core’s Dual Staking architecture into Maple Finance. This is done without clients needing to bridge or wrap assets, allowing clients to earn yield on Bitcoin directly. The integration, jointly announced Thursday, represents a major step toward institutionalizing Bitcoin staking.
This Dual Staking model, which was introduced by Core Foundation, enables any user with a stake in the ecosystem to earn yield from validator emissions and gas fees. Annual returns are expected to be anywhere from 4% to 8%.
Core Foundation and Maple Finance have only recently started their partnership together, less than two months ago. This level of institutional interest has already found traction in the partnership, with more than 1,200 Bitcoin in deposits already on-boarded.
"Core's technology allowed us to build a yield-bearing Bitcoin product that's both intuitive and institution-ready." - Joe Flanagan
"This marks a major step in the institutionalization of Bitcoin staking." - Hong Sun
Core Foundation (CORE/USD) partnership with Maple Finance (SYRUP/USD) opens doors to Bitcoin (BTC/USD) staking. It lets institutional clients earn yield on their Bitcoin holdings. Maple Finance is a decentralized capital markets alternative that connects borrowers and lenders looking to put their capital to work.
