Core Ignition Drop is about to get even more rewarding as Core Chain is offering an incredible opportunity for all SolvBTC.b holders. For a limited time, users who bridge SolvBTC.b to Core Chain and deposit it in dApps within the Core Chain ecosystem will earn a massive 5x Spark multiplier. This offer runs from May 3rd, 1pm UTC to June 17th, 1pm UTC. Here’s how you can make the most of this exciting opportunity.
How to Get the 5x Spark Multiplier
1. Bridge SolvBTC.b to Core Chain: Use dedicated bridges to transfer your SolvBTC.b to Core Chain seamlessly.
Bridge duration: a few hours
Bridge amount: minimum 1 SolvBTC.b
Fees: gas fee only
Bridge duration: a few minutes
Bridge amount: no limit, depends on liquidity
Fees: a small % fee
These steps ensure that your SolvBTC.b is ready to participate in the Core ecosystem.
2. Deposit SolvBTC.b in Core Chain ecosystem dApps:
As mentioned in the last article, some examples of SolvBTC.b use cases are Colend - supply yourSolvBTC.b and use it to borrow CORE, USDT, USDC, coreBTC, or wBTC - and adding SolvBTC.b-coreBTC liquidity to the COREx pool - earn fees and it’s another way to maximize the utility of your SolvBTC.b, increase your earnings within the Core ecosystem, and get Sparks.
3. Earn a 5x Spark Multiplier:
From June 3rd, 1pm UTC to June 17th, 1pm UTC, users who bridge SolvBTC.b to Core Chain and deposit it in dApps within the Core Chain ecosystem will earn a 5x Spark multiplier on Core Ignition Drop. This limited-time offer means you’ll accumulate Sparks five times faster, significantly boosting your rewards by the end of the program.
Benefits of Participating
Maximized Rewards: The 5x multiplier significantly boosts your Sparks accumulation, ensuring you get the most out of your engagement with Core Chain.
Enhanced Utility: By supplying SolvBTC.b on Colend and participating in the COREx pool, your assets gain enhanced utility, allowing you to borrow, lend, and earn more effectively.
Active Participation: Engaging in this program places you at the forefront of the DeFi on Core Chain, leveraging innovative financial tools and opportunities.
This is your chance to be part of something extraordinary. The massive 5x Spark multiplier offer, combined with the integration of SolvBTC.b into Core Chain, is an unmatched opportunity. Engage with Core Chain and SolvBTC.b, maximize your Core Ignition Drop Sparks, and contribute to a vibrant and thriving DeFi ecosystem.
Stay tuned for more updates and get ready to get ignited with SolvBTC.b!
About Core Chain
Core is a Bitcoin-powered blockchain unlocking EVM-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking and the world’s first yield bearing BTC ETP. Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security and over 4,700 BTC natively staked in exchange for unlocking Bitcoin utility and rewards. This breakthrough has amassed millions of Core adopters - over 19M unique addresses and 260M transactions since its mainnet launch in January 2023.