BlueCorn is the result of a groundbreaking partnership between Coinbase and Corn, designed to unlock the next generation of Bitcoin DeFi. With this collaboration, Coinbase users can now easily bring their Bitcoin into the Corn ecosystem in just one click, making Bitcoin Finance simpler, safer, and more accessible.

BlueCorn.io: Learn and Earn in BTCFi

Corn has launched BlueCorn.io, an all-in-one educational hub focused on Bitcoin in DeFi (BTCFi). This platform provides users with valuable resources to deepen their understanding of BTCFi and explore ways to actively put Bitcoin to work.

The BlueCorn.io hub is divided into two main sections:

1. Learn BTCfi: This section keeps users up-to-date with the latest news, innovations, and events in the BTCFi space. It offers a curated collection of articles, expert insights, and thought leadership pieces, all focused on developments within Bitcoin DeFi. With Learn BTCfi, users can rely on one go-to source for staying informed about the rapidly evolving BTCFi landscape. New articles are added regularly.

2. Earn with BTC: A dedicated area for those looking to maximize their Bitcoin's potential within DeFi. Earn with BTC aggregates the most popular BTC-yielding opportunities across DeFi, complete with key information such as:
   • Deposit Asset: The BTC backed asset(s) that can be deposited in each strategy.
   • Expected Rewards: A clear overview of potential rewards from each strategy.
   • Strategy Type: A brief description categorizing each option (e.g., farming, liquidity pools, staking).
   • Total Value Locked (TVL): Visibility into the liquidity and popularity of each strategy.
   • Deposit Links: Direct access to start earning with each strategy.

Together, these sections create an easy-to-navigate platform where users can both learn and earn in BTCFi, whether they’re new to the space or experienced in DeFi.

BlueCorn Drives BTCFi Adoption

Corn’s commitment to BTCFi and cbBTC is evident in the launch of two major initiatives designed to drive adoption, in collaboration with Veda:

1. BlueCorn DeFi Vault: A cbBTC DeFi vault that fuels liquidity across Pendle, Uniswap, and Morpho, with support from both Veda and Corn. The vault is powered by Veda, and will perform automated LP optimizing actions across DeFi markets to increase capital efficiency across BTCFi.

2. cbBTC Deposit Silo in the Corn App: A liquidity pool supported by Corn to earn Kernels in preparation for the upcoming Corn mainnet launch. Depositors can withdraw at any time without worry of fees or penalties.

These initiatives are just the beginning of a long-term effort by BlueCorn to establish Bitcoin as the cornerstone of DeFi, unlocking even greater opportunities for BTC holders in the future.

From Coinbase BTC to Corn BTCN

cbBTC is a 1:1 Bitcoin-backed asset created by Coinbase. Through the BlueCorn partnership, Corn has enabled cbBTC as BTCN's first collateral. This means that users holding idle BTC on Coinbase will be able to bring it into the Corn ecosystem and mint BTCN, backing it with cbBTC, with just one click.

By cutting out multiple steps and enabling users to move from BTC to cbBTC to BTCN in a single click, BlueCorn provides Coinbase users with the fastest and most secure way of unlocking Corn's potential. That's right, one click to obtain Corn's native gas token and start exploring the world of BTCFi!

Why Blue Corn?

Much like how blue corn is considered highly valuable and precious in many cultures, BlueCorn represents a highly prized collaboration, combining the best of Coinbase’s secure custodial services and Corn’s innovative DeFi platform. With blue corn symbolizing resilience and sustenance, BlueCorn brings a new era of Bitcoin Finance, offering a valuable, efficient, and accessible way to put your Bitcoin to work in DeFi.