In a recent tweet from BSC News, the question was posed: Are $BTC holders shifting to $CORE? The post highlights Core DAO's intriguing offerings and ponders if they're enough to dominate the Bitcoin ecosystem. Let's dive into this buzz and unpack what Core DAO brings to the table for crypto enthusiasts.

Core DAO is an Ethereum Virtual Machine (EVM)-compatible blockchain that's all about scaling Bitcoin's potential while building a robust DeFi ecosystem. Think of it as a sidekick to Bitcoin, not a rival. Its native token, $CORE, is designed to be the go-to asset for Bitcoin holders looking to amp up their returns without ditching BTC.

At the heart of Core's appeal is its Dual Staking model. This allows Bitcoin holders to stake their BTC alongside $CORE tokens for higher yields. For instance, staking BTC alone might give you a modest 0.1-0.5% APY (annual percentage yield, which is basically the return you earn on your investment over a year). But pair it with enough $CORE, and that jumps to 4-6% APY. To hit the top "Satoshi Tier," you need to maintain a specific ratio of CORE to BTC. It's like supercharging your Bitcoin holdings.

How does this work with Bitcoin? Core integrates seamlessly, letting holders buy $CORE upfront or even borrow against their locked BTC at safe loan-to-value ratios. This setup is drawing in big players too—institutional folks like Valour have used it for their BTC ETP (exchange-traded product) to generate over 5% APY. Plus, there's lstBTC, a liquid Bitcoin token that's yield-bearing and backed by trusted names like BitGo.

The numbers speak volumes: Core boasts over 125 dApps (decentralized applications), more than $400 million in TVL (total value locked, meaning the amount of assets staked or deposited in the protocol), and millions of transactions. It's seeing hundreds of thousands of daily users, showing real traction in Bitcoin-focused DeFi.

But is this enough to pull Bitcoin holders away? Well, miners are already staking parts of their rewards in CORE, and institutional treasuries are exploring it for better yields. Even ETF issuers are jumping in. Core's tokenomics mimic Bitcoin's scarcity with a 2.1 billion max supply and an 81-year emission schedule, making it feel familiar yet innovative.

Of course, nothing's without risks. Core faces competition from other Bitcoin layer-2 solutions, and its success hinges on sustained adoption and high activity. Still, the "multiplier effect" is compelling: Staking CORE reduces circulating supply, boosts yields, and creates scarcity, potentially driving value up.

If you're a Bitcoin holder eyeing extra yields or curious about DeFi, Core DAO might just be the next big thing. Check out the full scoop in the original article from BSC News and follow @BSCNews on X for more updates. What do you think—will $CORE become Bitcoin's best buddy?