You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
@@ -16,7 +16,11 @@ Bitcoin is the world’s largest digital asset, yet it remains financially idle
16
16
17
17
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**.
lstBTC is a **liquid, yield-bearing Bitcoin token** issued on the Core blockchain, designed for institutional investors seeking **BTC-native yield** without compromising security.
21
25
22
26
Unlike traditional BTC yield solutions, lstBTC **does not require**:
@@ -25,22 +29,22 @@ Unlike traditional BTC yield solutions, lstBTC **does not require**:
25
29
* Giving up custodial control (Bitcoin remains in institutional custody).
26
30
27
31
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**.
31
35
32
-
####**How lstBTC Works**
36
+
## **How lstBTC Works**
33
37
For institutional users, lstBTC is **simple and seamless**:
34
38
1.**Deposit BTC** with a trusted custodian (BitGo, Copper, or Hex Trust).
35
39
2.**Receive lstBTC 1:1**, which accrues BTC-denominated yield daily.
36
40
3.**Use lstBTC as BTC**—trade, transfer, or pledge it as collateral.
37
41
4.**Redeem lstBTC for BTC + Yield** at any time through the original custodian.
38
42
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.
42
46
43
-
####**How lstBTC Generates Yield**
47
+
## **How lstBTC Generates Yield**
44
48
lstBTC’s yield is powered by **Core’s Dual Staking mechanism**, a capital-efficient BTC yield strategy:
45
49
-**BTC is collateralized** via a low **10% Loan-to-Value (LTV) ratio loan** to purchase CORE.
46
50
-**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
52
56
***Negligible liquidation risk** due to conservative LTV ratios.
53
57
***Dynamically managed yield** to balance rewards and security.
54
58
55
-
####**Who is lstBTC For?**
59
+
## **Who is lstBTC For?**
56
60
🔹 **Institutional BTC Holders** – Funds, treasuries, and wealth managers looking for **BTC yield**.
57
61
🔹 **Custodians & ETP Issuers** – Institutions managing BTC on behalf of clients.
58
62
🔹 **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
63
67
- Institutions **pay custody fees** to store BTC. With lstBTC, these costs **flip into revenue streams**, unlocking **$3B-$6B in potential industry-wide BTC yield**.
64
68
-**Real Example**: Maple Finance will **accept lstBTC as collateral**, improving BTC capital efficiency.
65
69
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**.
Copy file name to clipboardExpand all lines: docs/intro.md
+1-1Lines changed: 1 addition & 1 deletion
Display the source diff
Display the rich diff
Original file line number
Diff line number
Diff line change
@@ -8,7 +8,7 @@ sidebar_position: 1
8
8
## 👨💻 Getting Started
9
9
10
10
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.
0 commit comments