Skip to content

Commit 7536a75

Browse files
added lstBTC overview
1 parent e1239c8 commit 7536a75

File tree

3 files changed

+25
-20
lines changed

3 files changed

+25
-20
lines changed

docs/Learn/products/lstBTC/overview.md

Lines changed: 24 additions & 19 deletions
Original file line numberDiff line numberDiff line change
@@ -4,7 +4,7 @@ hide_table_of_contents: false
44
sidebar_position: 2
55
---
66

7-
# lstBTC: Institutional-Grade Liquid Staked Bitcoin
7+
# lstBTC: Institutional Bitcoin Yield
88
---
99

1010
## The Big Idea
@@ -16,7 +16,11 @@ Bitcoin is the world’s largest digital asset, yet it remains financially idle
1616

1717
For the first time, institutions can earn BTC-denominated yield **without relinquishing custody, lending risk, or disrupting workflows**. Powered by **Core’s Dual Staking**, risk-managed by **Maple Finance**, and secured by **custodians like BitGo, Hex Trust, and Copper**, lstBTC transforms Bitcoin into a **yield-bearing asset with full liquidity and security**.
1818

19-
#### **What is lstBTC?**
19+
<p align="center" zoom="200%">
20+
![lstBTC_banner](../../../../static/img/lstbtc/lstBTC_banner.png)
21+
</p>
22+
23+
## **What is lstBTC?**
2024
lstBTC is a **liquid, yield-bearing Bitcoin token** issued on the Core blockchain, designed for institutional investors seeking **BTC-native yield** without compromising security.
2125

2226
Unlike traditional BTC yield solutions, lstBTC **does not require**:
@@ -25,22 +29,22 @@ Unlike traditional BTC yield solutions, lstBTC **does not require**:
2529
* Giving up custodial control (Bitcoin remains in institutional custody).
2630

2731
Instead, lstBTC:
28-
Generates **3-6%+ BTC yield** via Core’s **Dual Staking**.
29-
Ensures BTC remains custodied by **BitGo, Copper, and Hex Trust**.
30-
Is risk-managed by **Maple Finance** to **protect yield sustainability and BTC principal**.
32+
* Generates **3-6%+ BTC yield** via Core’s **Dual Staking**.
33+
* Ensures BTC remains custodied by **BitGo, Copper, and Hex Trust**.
34+
* Is risk-managed by **Maple Finance** to **protect yield sustainability and BTC principal**.
3135

32-
#### **How lstBTC Works**
36+
## **How lstBTC Works**
3337
For institutional users, lstBTC is **simple and seamless**:
3438
1. **Deposit BTC** with a trusted custodian (BitGo, Copper, or Hex Trust).
3539
2. **Receive lstBTC 1:1**, which accrues BTC-denominated yield daily.
3640
3. **Use lstBTC as BTC**—trade, transfer, or pledge it as collateral.
3741
4. **Redeem lstBTC for BTC + Yield** at any time through the original custodian.
3842

39-
* **No custody changes**BTC remains where institutions already store it.
40-
* **No capital inefficiency**BTC earns returns instead of sitting idle.
41-
* **No workflow disruptions**lstBTC integrates seamlessly into financial operations.
43+
* **No custody changes**: BTC remains where institutions already store it.
44+
* **No capital inefficiency**: BTC earns returns instead of sitting idle.
45+
* **No workflow disruptions**: lstBTC integrates seamlessly into financial operations.
4246

43-
#### **How lstBTC Generates Yield**
47+
## **How lstBTC Generates Yield**
4448
lstBTC’s yield is powered by **Core’s Dual Staking mechanism**, a capital-efficient BTC yield strategy:
4549
- **BTC is collateralized** via a low **10% Loan-to-Value (LTV) ratio loan** to purchase CORE.
4650
- **Maple Finance** manages risk by using options strategies to hedge against CORE price fluctuations.
@@ -52,7 +56,7 @@ lstBTC’s yield is powered by **Core’s Dual Staking mechanism**, a capital-ef
5256
* **Negligible liquidation risk** due to conservative LTV ratios.
5357
* **Dynamically managed yield** to balance rewards and security.
5458

55-
#### **Who is lstBTC For?**
59+
## **Who is lstBTC For?**
5660
🔹 **Institutional BTC Holders** – Funds, treasuries, and wealth managers looking for **BTC yield**.
5761
🔹 **Custodians & ETP Issuers** – Institutions managing BTC on behalf of clients.
5862
🔹 **Traders & Market Makers** – lstBTC serves as **yield-bearing collateral** for structured strategies.
@@ -63,8 +67,12 @@ lstBTC’s yield is powered by **Core’s Dual Staking mechanism**, a capital-ef
6367
- Institutions **pay custody fees** to store BTC. With lstBTC, these costs **flip into revenue streams**, unlocking **$3B-$6B in potential industry-wide BTC yield**.
6468
- **Real Example**: Maple Finance will **accept lstBTC as collateral**, improving BTC capital efficiency.
6569

66-
#### **What Makes lstBTC Different?**
67-
Unlike **BTC lending** or **wrapped BTC**, lstBTC is the **first institutional-grade, liquid BTC staking solution**.
70+
## What Makes lstBTC Different?
71+
Unlike **BTC lending** or **wrapped BTC**, lstBTC is the **first institutional-grade, liquid BTC staking solution**.
72+
* Fully Liquid
73+
* Institutional-Grade
74+
* Non-Custodial
75+
* BTC-Native Yield (No Counterparty Risk)
6876

6977
| Feature | lstBTC (Core) ✅ | BTC Lending ❌ | Wrapped BTC ❌ |
7078
|--------------|----------------|---------------|---------------|
@@ -74,15 +82,12 @@ Unlike **BTC lending** or **wrapped BTC**, lstBTC is the **first institutional-g
7482
| **Collateral Utility** | **Accepted on exchanges** | Limited use | Moderate use |
7583
| **Security** | **Non-custodial staking** | Default & insolvency risk | Smart contract risks |
7684

77-
* **Fully Liquid**
78-
* **Institutional-Grade**
79-
* **Non-Custodial**
80-
* **BTC-Native Yield (No Counterparty Risk)**
8185

82-
#### **Launch Partners & Institutional Credibility**
86+
87+
## Launch Partners & Institutional Credibility
8388
lstBTC is backed by **industry-leading custodians, risk managers, and exchanges**:
8489
🔹 **Custodians (Security & Compliance)****BitGo, Copper, Hex Trust** ensure seamless lstBTC minting and redemption.
8590
🔹 **Investment Manager (Risk & Yield Optimization)****Maple Finance** safeguards principal and manages yields.
8691
🔹 **Exchanges (Liquidity & Adoption)****Deribit, OKX, Bybit** integrate lstBTC for trading and collateral use.
8792

88-
**lstBTC unlocks a new era of Bitcoin utility—turning passive BTC into a productive institutional asset.** 🚀
93+
**lstBTC unlocks a new era of Bitcoin utility—turning passive BTC into a productive institutional asset.**

docs/intro.md

Lines changed: 1 addition & 1 deletion
Original file line numberDiff line numberDiff line change
@@ -8,7 +8,7 @@ sidebar_position: 1
88
## 👨‍💻 Getting Started
99

1010

11-
Core is a hyper-scalable smart contract platform designed to complement Bitcoin, serving as its first Proof of Stake (PoS) layer and the largest Bitcoin DeFi ecosystem. By merging Bitcoin’s unmatched security with the scalability of the innovative Satoshi Plus consensus, Core expands Bitcoin’s capabilities while preserving its core principles of decentralization and security. With approximately 75% of Bitcoin mining hash power already contributing to Core’s security model and over 8,200 BTC staked through Non-Custodial Bitcoin Staking, Core strengthens Bitcoin's role as both the prime protector and central asset of the future of DeFi. Core's Dual Staking model further empowers Bitcoin holders to earn secure and sustainable yields by staking both BTC and CORE, all while retaining full control and ownership of their assets.
11+
Core is a hyper-scalable smart contract platform designed to complement Bitcoin, serving as its first **Proof of Stake (PoS)** layer and the largest Bitcoin DeFi ecosystem. By merging Bitcoin’s unmatched security with the scalability of the innovative Satoshi Plus consensus, Core expands Bitcoin’s capabilities while preserving its core principles of decentralization and security. With approximately **75%** of Bitcoin mining hash power already contributing to Core’s security model and over **8,200** BTC staked through Non-Custodial Bitcoin Staking, Core strengthens Bitcoin's role as both the prime protector and central asset of the future of DeFi. Core's Dual Staking model further empowers Bitcoin holders to earn secure and sustainable yields by staking both BTC and CORE, all while retaining full control and ownership of their assets.
1212

1313
<p align="center">
1414
![core-header](../static/img/core-header.png)
690 KB
Loading

0 commit comments

Comments
 (0)