Core DAO and Element Wallet are partnering to expand the utility of Bitcoin for holders by enabling them to interact with decentralized finance (DeFi) mechanisms. The collaboration aims to enhance user privacy and maximize the security of Bitcoin staking in DeFi. Core, a layer-1 blockchain that integrates with Bitcoin, allows users to easily engage with DeFi and offers EVM compatibility for developers. The Core DAO supports and develops the Core blockchain, while the Element Wallet focuses on user privacy and secure asset management. Both platforms prioritize user experience and community engagement to drive adoption in the BTCfi sector.



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