Core DAO Unveils Game-Changing Yield-Bearing Bitcoin Exchange-Traded Product

Core DAO, a decentralized permissionless network, has introduced a groundbreaking Yield Bearing Bitcoin Exchange-Traded Product (ETP) that allows investors to earn yield on their Bitcoin (BTC) without surrendering control of their private keys. This innovative solution eliminates the risks associated with entrusting private keys to third parties and provides a secure method for yield generation utilizing the hybrid technology combining the best features of Ethereum and Bitcoin.

Core DAO Unveils Revolutionary Yield-Bearing Bitcoin Exchange-Traded Product, Empowering Investors with Unprecedented Earnings Potential

New York, NY - Core DAO, a pioneering decentralized permissionless network, has made a groundbreaking announcement with the launch of its innovative Yield Bearing Bitcoin Exchange-Traded Product (ETP). This revolutionary financial instrument is poised to transform the landscape for Bitcoin ($BTC) investors, unlocking unprecedented earning opportunities while mitigating risks associated with traditional yield-generating methods.

Addressing the Pitfalls of Conventional Yield Strategies

Traditionally, Bitcoin investors seeking to earn yield have had to entrust their private keys to third parties, a practice plagued by security vulnerabilities. The catastrophic events of 2022, where numerous investors lost colossal sums due to the exploitation of such vulnerabilities, highlighted the urgent need for a safer alternative.

Core Chain's Secure and Private Solution

Core DAO has emerged as the solution to this pressing issue. With its Yield Bearing Bitcoin ETP, investors can now generate yield on their BTC tokens while maintaining complete control over their private keys. Leveraging a cutting-edge hybrid technology that harnesses the best of Ethereum and Bitcoin, Core Chain provides a secure and innovative platform for yield generation.

Key Features of the Yield Bearing Bitcoin ETP

The Core Chain Yield Bearing Bitcoin ETP is equipped with an array of features designed to empower investors:

• Timelock - Utilizing a timelock mechanism, Core Chain secures investors' tokens for a predetermined period, allowing them to earn yield while maintaining full ownership and control.
• Hash Reprocessing - Core Chain partners with miners to increase network security and taps into reprocessed hash from transfers, further enhancing the security and reliability of the ETP.
• Strategic Partnerships - Core DAO holds shares in DeFi Technologies and Valour, entities that have played a pivotal role in introducing early ETPs enabling yield earning for investors.

Early Contribution Opportunity

Valour, the manager of the Yield Bearing Bitcoin ETP, has announced an early contribution opportunity of up to $200 million. This exclusive offering will provide investors with an unparalleled opportunity to access the benefits of yield-earning and private key security.

Empowering Investors, Transforming the Bitcoin Landscape

Core DAO's Yield Bearing Bitcoin ETP serves as a testament to the company's commitment to innovation and investor empowerment. By addressing the shortcomings of conventional yield-generating strategies, Core Chain is redefining the Bitcoin investment landscape, providing investors with a secure, profitable, and user-friendly solution.

As the ETP gains traction, Core DAO plans to expand its accessibility, ensuring that a wider range of investors can benefit from this revolutionary offering. With its unwavering dedication to security, innovation, and investor success, Core DAO is poised to lead the charge into a new era of Bitcoin investment.