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     577  0 Kommentare DeFi Technologies Announces Launch of Core Chain Validator Node to Participate in Network Consensus and Staking, Stakes 1,498 BTC

    • Launch of Core Chain Validator Node: DeFi Technologies has deployed an independent validator node on the Core Chain as part of its DeFi Infrastructure business line.
    • Strategic Collaboration: This initiative is part of the broader collaboration with Core Foundation, which began with the development of innovative Bitcoin ETPs, including Valour’s Yield Bearing BTC ETP and a novel Core ETP.
    • Staking 1,498 BTC: DeFi Technologies, through its subsidiary Valour Inc., will stake 1,498 BTC, participating in non-custodial Bitcoin staking and earning rewards from Core’s consensus mechanism.

    TORONTO, June 11, 2024 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralised finance is pleased to announce that it has deployed a Core Chain validator node to act as an independent validator for the network. The launch of the node is part of the Company's DeFi Infrastructure business line, contributing to the mission of decentralized finance. The Company will also stake 1,498 BTC on the Core Chain.

    This initiative follows the strategic collaboration between DeFi Technologies and Core Foundation, announced earlier this year on May 15, 2024, aimed first at developing innovative Bitcoin Exchange Traded Products (“ETPs”). This partnership included the launch of groundbreaking products such as Valour’s Yield Bearing BTC ETP and an upcoming novel CORE ETP, leveraging Core Chain's unique blockchain features to introduce yield opportunities through BTC staking.

    Core Chain is a cutting-edge, Bitcoin-powered, EVM-compatible blockchain that integrates Bitcoin miners and BTC stakers into its security in exchange for rewards. Validators are a fundamental component of Core's consensus mechanism, Satoshi Plus consensus, responsible for validating transactions and producing blocks on the Core network.

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    By processing transactions and participating in consensus, DeFi Technologies will support the growth and performance of the Core Chain network. In connection with running the node, DeFi Technologies can receive rewards from securing transactions on Core Chain security. Additionally, the Company is participating in staking 1,498 BTC, earning staking rewards through its wholly owned subsidiary, Valour Inc.

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    DeFi Technologies Announces Launch of Core Chain Validator Node to Participate in Network Consensus and Staking, Stakes 1,498 BTC Launch of Core Chain Validator Node: DeFi Technologies has deployed an independent validator node on the Core Chain as part of its DeFi Infrastructure business line.Strategic Collaboration: This initiative is part of the broader collaboration with …

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