Users can now grab a 5x Multiplier with aBTC during the next 2 weeks.
As Core Chain continues to push the boundaries of BTCfi, the Core Ignition program introduces an exciting opportunity for its users. For the next two weeks, engaging with Alex's $aBTC on Core Chain will supercharge your rewards with an impressive 5x Spark Multiplier on Core Ignition Drop.
aBTC, or ALEX BTC, is a fully-functional SIP010 token on Core Chain, where 1 aBTC represents 1 BTC locked in the multisig operated by ALEX LAB Foundation. Its role is somewhat similar to the role WETH plays for ETH - it allows BTC to interact with smart contracts on Bitcoin.
How Does the Spark Multiplier Work?
The Spark Multiplier effect is straightforward yet powerful. If you typically earn 100 base Sparks per day from your activities on Core Chain, holding aBTC during this promotional period means you will receive an additional 400 Sparks. This brings your total to 500 Sparks for that day, quintupling your usual earnings.
Maximize Your Spark Earnings
The strategic use of aBTC can dramatically enhance your position in the Core Ignition Drop. By leveraging the 5x multiplier, you can accelerate your accumulation of Sparks, which are crucial for climbing up the leaderboard and unlocking further benefits and rewards within the Core ecosystem.
This special multiplier is an incentive to deepen your engagement with the Core ecosystem and to explore new opportunities within the expansive Core Chain network. The addition of aBTC to your portfolio not only diversifies your assets but also aligns with Core's vision of enhancing Bitcoin's utility and bringing more value to its community.
Stay tuned for more updates and keep building your Spark balance to take full advantage of all that Core Ignition Drop has to offer!
About Core Chain
Core is a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial Bitcoin 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 4,800 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.