Introducing Corn π½: The Super Yield Network Rooted In Digital Gold.
Announcing our $6.7M seed round led by @polychaincap w/ support from @BinanceLabs @hiFramework @ABCDELabs & other great partners.
𧡠Thread below shows you how to get early access: π§΅
Announcing our $6.7M seed round led by @polychaincap w/ support from @BinanceLabs @hiFramework @ABCDELabs & other great partners.
𧡠Thread below shows you how to get early access: π§΅
Sadly, crypto has lost the plot. Most networks are ghost chains w/ misaligned actors. Worse, BTC is still a pet rock.
Our intent:
π½ Make it easy to put your Bitcoin to work
π½π½ *Actually* align users, apps & token holders
π½π½π½ Have fun and stay corny
Our intent:
π½ Make it easy to put your Bitcoin to work
π½π½ *Actually* align users, apps & token holders
π½π½π½ Have fun and stay corny
Bitcoin is gas.
Corn is the 1st Ethereum L2 that uses Bitcoin as the gas token.
π’ BTCN is our hybrid tokenized Bitcoin, backed 1:1 by native BTC, and not bound to a single centralized custodian or bridging solution...
Corn is the 1st Ethereum L2 that uses Bitcoin as the gas token.
π’ BTCN is our hybrid tokenized Bitcoin, backed 1:1 by native BTC, and not bound to a single centralized custodian or bridging solution...
...Instead, BTCN extend's its minting rights to multiple trusted custodians, smart contracts, and/or bridging protocols.
This empowers hodlers & protects their choice of how to store their native BTC as we create the go-to app ecosystem to unlock the value your BTC represents.
This empowers hodlers & protects their choice of how to store their native BTC as we create the go-to app ecosystem to unlock the value your BTC represents.
What have we learned from DeFi?
π½ Users want great apps
π½ Apps want liquidity -- to make them sustainable & great for users
π½ Liquidity providers want, above all, YIELD!
If only we had a design that struck a balance btw the multi-dimensional wants of users, apps and LPs!
π½ Users want great apps
π½ Apps want liquidity -- to make them sustainable & great for users
π½ Liquidity providers want, above all, YIELD!
If only we had a design that struck a balance btw the multi-dimensional wants of users, apps and LPs!
With these delicious facts in mind...
Corn is "TheΒ Super Yield Network."
Inspired by veTOKENOMICS, pioneered by @CurveFinance, each block, the network emits $CORN incentives, that are then directed to protocols chosen by $CORN stakers.
Corn is "TheΒ Super Yield Network."
Inspired by veTOKENOMICS, pioneered by @CurveFinance, each block, the network emits $CORN incentives, that are then directed to protocols chosen by $CORN stakers.
Thus, Corn is the OG "veCHAIN,"
Yield on Corn consists of 2 tokens:
π’ $BTCN (1:1 tokenized BTC) -- generated via network txn fees
π½ $CORN -- native network emission
$CORN stakers decide where yield is directed.
Yield on Corn consists of 2 tokens:
π’ $BTCN (1:1 tokenized BTC) -- generated via network txn fees
π½ $CORN -- native network emission
$CORN stakers decide where yield is directed.
As if it didn't pay enough to be a $CORN staker, voters will also enjoy a native bribe market, offering extra incentives to vote for certain apps.
You have a choice!
βͺοΈ Vote to give $CORN yield to your favorite app
βͺοΈ Delegate your vote to the Farmers Market for added incentives
You have a choice!
βͺοΈ Vote to give $CORN yield to your favorite app
βͺοΈ Delegate your vote to the Farmers Market for added incentives
It's simple...
π½ $CORN holders are incentivized to stake to earn yield and/or bribes.
π½ Protocols are incentivized to acquire and stake $CORN, as they wish to drive liquidity to their apps.
π½ Users enjoy apps flush with liquidity.
The Ultimate Crop Circle π
π½ $CORN holders are incentivized to stake to earn yield and/or bribes.
π½ Protocols are incentivized to acquire and stake $CORN, as they wish to drive liquidity to their apps.
π½ Users enjoy apps flush with liquidity.
The Ultimate Crop Circle π
π Corn will incubate a vibrant ecosystem of apps and communities, but this time BTC will be in the driverβs seat. π
Gas tokens nearly always are the hub for liquidity on their chain and introduce many app integrations. We intend for this to again be the case on Corn.
Gas tokens nearly always are the hub for liquidity on their chain and introduce many app integrations. We intend for this to again be the case on Corn.
Corn was founded by long time DeFi builders @spadaboom1 & @0xzak
...the minds behind projects like @BadgerDAO, @SlingshotCrypto, @code4rena & @0xbowio.
...the minds behind projects like @BadgerDAO, @SlingshotCrypto, @code4rena & @0xbowio.
We're are proud to have the support of leading investors like:
π @polychaincap π @BinanceLabs
π @ABCDELabs π @hiFramework
π @symbolicvc π @Ventures_HTX
π @RelayerCapital
π @polychaincap π @BinanceLabs
π @ABCDELabs π @hiFramework
π @symbolicvc π @Ventures_HTX
π @RelayerCapital
Also, we welcome the support of key investors we're also building with like:
π½ @OffchainLabs
π½ @babylon_chain
π½ @SteakhouseFi
π½ @bulletlabs
π½ @OffchainLabs
π½ @babylon_chain
π½ @SteakhouseFi
π½ @bulletlabs
Noteworthy founders and builders helping to grow Corn:
π§βπΎ @udiWertheimer @sandeepnailwal
π§βπΎ @0xSami_ @SmokeyTheBera
π§βπΎ @PrimordialAA @andrewhuan @TEBplace
π§βπΎ @dcfgod @yorgosv_ @MonetSupply
π§βπΎ @hexonaut @whitewaterlabs @mozaik_capital
π§βπΎ @AgentChud @notscottmoore @etherbk & more!
π§βπΎ @udiWertheimer @sandeepnailwal
π§βπΎ @0xSami_ @SmokeyTheBera
π§βπΎ @PrimordialAA @andrewhuan @TEBplace
π§βπΎ @dcfgod @yorgosv_ @MonetSupply
π§βπΎ @hexonaut @whitewaterlabs @mozaik_capital
π§βπΎ @AgentChud @notscottmoore @etherbk & more!
Now, the juicy details for our Pre-Mainnet Airdrop...
SET YOUR REMINDER for the live kick off event (hosted here on X), where we'll be unveiling the exclusive eligibility criteria and participation details.
SET YOUR REMINDER for the live kick off event (hosted here on X), where we'll be unveiling the exclusive eligibility criteria and participation details.
During the initial airdrop phase, only qualifying users will be added to the Kernel Eligibility List: a list of thousands of power-DeFi users who've engaged with 1 or more of our partner protocols in the past 12 months.
FOLLOW @use_corn and ππ²x.com/i/spaces/1BdxYβ¦
FOLLOW @use_corn and ππ²x.com/i/spaces/1BdxYβ¦
β Building on the network? You're a Corn Star!
π§βπΎ Part of the community? Hey, Farmer.
πΏ Stake your Corn in the Microwave? You've made popCORN.
πΆ Joining our incubator? You're among the Children of the Corn
π’ BTCN = Bitcoin? Nope, BitCorn π½
π§βπΎ Part of the community? Hey, Farmer.
πΏ Stake your Corn in the Microwave? You've made popCORN.
πΆ Joining our incubator? You're among the Children of the Corn
π’ BTCN = Bitcoin? Nope, BitCorn π½
Want to join the community & become a farmer?
Telegram:
Discord: t.me/usecorn
discord.com/invite/usecorn
Telegram:
Discord: t.me/usecorn
discord.com/invite/usecorn
Excited to build on Corn and become a Corn Star?
Fill out this form and our ecosystem dev team will reach out.
airtable.com/appSb0c6MzlWvbβ¦
Fill out this form and our ecosystem dev team will reach out.
airtable.com/appSb0c6MzlWvbβ¦
β’ β’ β’
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