From Yahoo Finance: 2025-06-04 16:42:00

CoreDAO introduces a self-custodial Bitcoin staking solution at the Bitcoin 2025 conference, offering users up to 5% yield without compromising security. This alternative aims to avoid the risks associated with centralized lenders like BlockFi and Celsius. CoreDAO’s sidechain, secured by 75% of Bitcoin’s hash rate, unlocks access to over 150 DeFi apps while maintaining BTC-level security. Bitcoin is currently trading at $105,133, 5.8% below its all-time high of $111,814, according to Kraken price feeds. Users can time lock their Bitcoin in CoreDAO’s ecosystem for yields up to 5%, with the sidechain secured by 75% of Bitcoin’s total hash rate. The staking solution allows users to bridge or wrap their BTC into Core’s DeFi environment for additional opportunities. CoreDAO’s dual staking model combines yield and ecosystem benefits for enhanced returns, with a strategic partnership with Maple Finance to strengthen institutional access. A liquid staking token (LST) is set to launch, offering broader utility and enabling advanced trading strategies like basis trading and call overwriting. CoreDAO anticipates $1.5 billion in BTC inflows by year-end.



Read more at Yahoo Finance: CoreDAO brings 5% yield to Bitcoin without giving up self-custody