CoreDAO
Specifications | Details |
|---|---|
Platform (underlying architecture) | Layer 1 |
Consensus Algorithm | |
Ecosystem | Bitcoin |
Token | CORE |
Native Token Ticker | $CORE |
Smallest Unit | |
ARR or APY | ~10% |
Max Supply | 2,100,000,000 (2.1 billion CORE) |
Delegation Requirements (Min-Max) | Minimum - 1 CORE token or 0.01 BTC |
Stake Activation Period | BTC hash power delegators: Rewards start 8 days after delegation. |
Reward Distribution Period | The rewards are paid out at the end of each round of consensus on the Core blockchain, currently set to distribute at 00:00 am UTC every day. |
Compounding | Manual |
Compounding Frequency | Once rewards are earned and claimed, they can be redelegated for compounding. |
Unbonding Period | 1 round |
Lockup Period | 10 Days after staking |
Penalties and Slashing | Yes - Downtime & Double signing |
Burn Mechanism | The DAO determines a portion of transaction fees and block rewards to be burned. |
Validator Self-Bond Requirement | 10,000 CORE |
Inflation | |
Validator Set Diversity | Currently, Core chain's active set comprises 23 validators, selected based on their total hybrid score. This number is subject to change, so please check the explorer for the most up-to-date information. |
Governance Mechanism | On-chain governance (Upcoming) |
Smart Contract Support | Yes |
Smart Contract Programming Language | Solidity |
Cross-chain Compatibility (Interoperability) | Yes |
TPS (Transaction Throughput) | As of now Core can handle up to ~700 on mainnet with an artificially low gas limit. It’s subject to increase in coming time. |
Transaction Finality | 12 blocks |
Link to Explorer(s) | |
Testnet Faucet | |
Figment’s Public Validator Address | Signer: |
Figment Staking Guide | TBD |
Figment Supported MEV Relay | N/A |
Recommended Wallet(s) | |
CoinGecko Profile |
Updated 3 days ago