Core Blockchain (Core DAO): The Destination for Bitcoin Yield & Bitcoin Staking
Core Blockchain (Core DAO): The Destination for Bitcoin Yield & Bitcoin Staking
BitFLUX Launch: A Transformative Moment for Core and BTCFi
4 min read · November 28, 2024
BitFLUX Launch: A Transformative Moment for Core and BTCFi

The Core ecosystem just got a major upgrade. We’re excited to announce the launch of BitFLUX, the first-ever BTC liquidity platform on Core blockchain! Co-incubated by Core Ventures and UTXO Management, BitFLUX represents a groundbreaking step in our mission to transform and empower Bitcoin DeFi (BTCfi).

What BitFLUX Means for Core

Core blockchain is built for innovation, scalability, and leading the Bitcoin DeFi ecosystem. With BitFLUX, we’re extending that vision by introducing a transformative BTC liquidity hub, designed to unlock Bitcoin’s full potential in DeFi.

Key Benefits for the Core Community:

  • Access to BTC Liquidity: Core now becomes the go-to destination for Bitcoin liquidity, enabling seamless, low-slippage swaps and efficient liquidity pools for BTC-pegged assets.

  • Yield Opportunities: Bitcoin holders on Core can now earn sustainable BTC-backed yield without the risks of impermanent loss or complex multi-asset pools.

  • Strengthening the BTCFi Ecosystem: BitFLUX positions Core as the leading chain for BTCFi innovation, attracting developers, liquidity providers, and traders to build and transact on Core.

  • Empowering Decentralized Finance

By integrating advanced stableswap technology, Core becomes a hub for efficient, secure, and transparent BTC-based DeFi activities.

For Bitcoin Holders: A New Era of Productivity

Bitcoin has long been seen as a store of value, but its potential in DeFi has remained untapped—until now. With BitFLUX, BTC holders can:

  • Earn Real Yield: No point-based rewards—just genuine BTC-backed returns.

  • Provide Single-Sided Liquidity: No need for pairing, single-sided liquidity simplifies the process to earn yield with ease.

  • Make Low-Slippage Trades: Efficiently swap BTC-pegged assets with minimal value loss.

For general users, this means a new way to turn passive BTC into active, yield-generating assets.

Why This Matters for Core

BitFLUX is more than just a liquidity platform—it’s a gateway to expand Core’s role in the broader blockchain ecosystem.

Here’s What’s In It for Core:

  • Attracting New Users: By introducing a BTC liquidity hub, Core becomes a key destination for Bitcoin holders seeking yield and efficient swaps between various BTC assets. This drives adoption and strengthens the Core ecosystem.

  • Empowering Developers: BitFLUX creates new opportunities for DeFi developers to build innovative products leveraging BTC liquidity on Core.

  • Driving Community Growth: BitFLUX brings a new wave of users and liquidity providers to Core, fostering a vibrant and engaged community.

  • Solidifying Core’s Position in BTCFi: Core’s partnership with BitFLUX cements its status as a leader in the BTCFi revolution, shaping the future of decentralized finance on Bitcoin.

The Vision Behind BitFLUX

BitFLUX is co-incubated by Core Ventures and UTXO Management to address the barriers that have long held Bitcoin back in DeFi:

  • Passive Holdings: Most BTC sits idle, missing yield opportunities.

  • High Friction: Complex processes deter users from participating in liquidity provision.

  • Impermanent Loss: Traditional multi-asset pools expose BTC holders to unnecessary risks.

By solving these issues, BitFLUX brings Bitcoin’s untapped potential into the DeFi space, making Core the epicenter of BTCFi innovation.

Empowering Bitcoin with Liquidity, Yield, and Security

As a pioneer in the BTCFi space, BitFLUX is designed to redefine Bitcoin’s role in decentralized finance. With the mission to enable BTC holders to unlock their assets’ full potential in a secure, transparent, and efficient way.

Tyler Evans of UTXO Management shares:

“BitFLUX unlocks new value for BTC holders, offering risk-free liquidity, low-slippage BTC trades, and sustainable returns. This is the future of Bitcoin—not just as a store of value, but as a yield-generating powerhouse.”

Brendon Sedo from Core Ventures adds:

“A strong liquidity hub like BitFLUX is exactly what the BTCFi space needs. Built on the Core blockchain, BitFLUX paves the way for a vibrant Bitcoin DeFi ecosystem.”

What’s Next for Core and BitFLUX

BitFLUX is just the beginning. With this launch, Core opens the floodgates for future innovations in BTCFi, including:

  • Expanded Features: Multi-chain support and advanced liquidity aggregation.

  • New Partnerships: Collaborations with key players in the Bitcoin and DeFi ecosystem.

  • Community Engagement: A growing network of users, developers, and liquidity providers building on Core.

Join the BTCFi Revolution on Core

For the Core community and Bitcoin holders alike, BitFLUX offers an unprecedented opportunity to participate in the next wave of decentralized finance.

  • For BTC Holders: Earn yield, provide liquidity, and trade efficiently.

  • For Core Users: Access the most advanced BTC liquidity solutions in DeFi.

  • For Developers: Build on a platform designed for scalability and innovation.

Discover BitFLUX: bitflux.finance