🔵 BlueCorn
BlueCorn is the result of a groundbreaking partnership between Coinbase and Corn, designed to educate the next billion users of Bitcoin and DeFi. With this collaboration, Coinbase users will also easily be able to bring their Bitcoin into the Corn ecosystem, making BTCFi simpler, safer, and more accessible.
BlueCorn.io: Learn and Earn in BTCFi
Corn has launched BlueCorn.io, an all-in-one education hub focused on making Bitcoin the most dominant and liquid asset in DeFi. 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:
- 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 will be added regularly.
- 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.
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:
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BlueCorn DeFi Vault: A $cbBTC DeFi vault that fuels liquidity across Pendle, Uniswap, and Morpho, with support from both Veda and Corn. The vault is powered by Veda, and will perform automated LP optimizing actions across DeFi markets to increase capital efficiency across BTCFi.
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$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.
By cutting out multiple steps and enabling users to move from BTC to $cbBTC to $BTCN in a single click, BlueCorn will provide Coinbase users with the fastest and most secure way to unlock Bitcoin's true potential. That's right, one click to obtain Corn's native gas token and start exploring the world of BTCFi!
