Merge Marketplace on Core
Last updated
Last updated
Core Chain Overview: Core is the first Bitcoin-aligned, EVM-compatible Layer-1 blockchain designed to serve as a high-performance, complementary platform to Bitcoin. It combines the security and economic assurances of Bitcoin with smart contract capabilities, enabling a new wave of decentralized finance (DeFi) solutions. With approximately 75% of Bitcoin mining hash power contributing to its security model and over 8,200 BTC staked through Non-Custodial Bitcoin Staking, Core is well-positioned to leverage Bitcoin’s stability and liquidity as a cornerstone of its DeFi ecosystem.
Non-Custodial Bitcoin Staking: Introduced in April 2024, Non-Custodial Bitcoin Staking on Core allows users to stake their BTC without relinquishing control of their assets. By doing so, they earn CORE token rewards natively on the Core chain. This approach eliminates additional trust assumptions, making Bitcoin staking more secure, transparent, and accessible.
Dual Staking: To further enhance yield opportunities, Core introduced Dual Staking, which rewards users for staking BTC and CORE simultaneously. While staking BTC alone provides a base yield (PBASE), adding CORE to the mix unlocks higher yield tiers (PLevel1, PLevel2, PLevel3), with each tier corresponding to predefined CORE:BTC ratios. Dual Staking does not alter the underlying BTC staking processes; it merely provides an additional layer of yield optimization.
Key Points of Dual Staking:
Higher yield tiers are unlocked by meeting specific CORE:BTC ratios.
Staking more CORE relative to BTC staked elevates the user’s tier, thus improving their BTC staking reward rate.
Dual Staking remains optional. Users can still stake BTC alone, but those who add CORE can substantially boost their yields.
While Dual Staking offers higher yields, it can be capital-intensive. To unlock the highest yield tiers, users must hold both BTC and CORE in the required ratio of 1:8000. However, many users may only have one asset (BTC or CORE) or lack the capital to meet this ratio, limiting their access to these top-tier yields.
The b14g Merge Marketplace Solution: b14g’s Merge Marketplace lowers the entry barriers to Dual Staking on Core. By allowing BTC holders and CORE holders to collaborate, Merge Marketplace creates a win-win scenario:
For BTC Holders: If you have BTC but no CORE, you can team up with a CORE holder on the Merge Marketplace. Together, you meet the threshold for higher yield tiers without having to acquire more CORE yourself.
For CORE Holders: If you have CORE but not enough BTC to optimize your staking tier, you can find BTC holders seeking CORE partners. Joining forces increases your share of higher-tier yields.
Benefits to the Core Ecosystem: By enabling cross-asset collaboration, b14g Merge Marketplace helps attract more BTC into the ecosystem. This directly supports Core’s ideal BTC:CORE ratio targets (1:8,000) and encourages broader participation. As more BTC holders engage with Dual Staking via Merge Marketplace, the Core ecosystem becomes more balanced, more liquid, and more sustainable.
Key Advantages:
Reduces capital barriers for achieving dual-staking thresholds.
Expands the user base, attracting BTC holders who may not have participated otherwise.
Increases the number of participants at higher yield tiers, strengthening network security and liquidity.
b14g Merge Marketplace is a set of core smart contracts deployed on Core network. It integrates BTC staking and CORE staking to maximize rewards for both stakers.
Here's an explanation of how the system works, based on the architecture diagram:
Alice creates a merge order on the b14g Merge Marketplace. This action triggers the Order Factory Smart Contract, which generates a Dedicated Order Contract for the merge order.
Alice then stakes her native BTC on Bitcoin network through Core's Non-custodial BTC staking mechanism, removing custody risks. Alice's assets remain under her control. Relayers from the Core infrastructure will detect the confirmed staking transaction and submit it to the Core blockchain for users.
Bob stakes his CORE tokens to match with the merge order created by Alice. The Dedicated Order Contract links Alice's BTC stake and Bob's CORE stake, enabling dual staking.
The CORE Staking Contract on the Core Chain processes the staked CORE and BTC and sends the rewards to the Dedicated Order Contract, which then distributes them proportionally to Alice and Bob.
Here’s how rewards are generated and sent back to users:
Alice’s staked BTC generates rewards that go directly to her.
Bob’s staked CORE generates rewards that go directly to him.
Dual-staking boost rewards (from staking BTC + CORE) are shared between Alice and Bob.
Core Chain provides a secure, Bitcoin-aligned foundation for smart contract-enabled DeFi.
Dual Staking on Core allows users to achieve higher BTC staking yields by adding CORE to their positions, incentivizing deeper ecosystem engagement.
b14g Merge Marketplace removes the capital barrier and complexity by connecting stakers who lack one asset with those who have it, expanding participation and helping Core achieve healthier BTC:CORE ratios. The architecture integrates seamlessly with existing Core contracts, relying on its robust infrastructure for security and yield distribution.
With b14g’s Merge Marketplace, everyone can access and maximize the benefits of Dual Staking on Core—creating a more vibrant, user-friendly, and growth-oriented DeFi landscape.
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