lstBTC is a liquid staking token that allows institutions to earn yield in BTC without sacrificing security, tax efficiency, or compliance requirements.
Transform your idle Bitcoin into a productive asset
The lack of Bitcoin yield options has been a noticeable void in the market for some time. Maple is proud to partner with CORE on lstBTC which enables institutions to earn yield on their BTC without giving up the security of trusted custodians.”— Sidney Powell, CEO and Co-Founder at Maple Finance
Earn BTC-denominated yield generated from Core’s consensus rewards and gas fees.
Your Bitcoin is secured by institutional custodians: BitGo, Copper, and Hex Trust with no slashing risk or third-party bridges.
Use lstBTC as collateral, in CeFi and DeFi strategies, while simultaneously earning base yield on your Bitcoin.
Maintain Bitcoin's cost basis with no taxable transfer events and clear separation between principal and yield.
Earn BTC-denominated yield generated from Core’s consensus rewards and gas fees.
Your Bitcoin is secured by institutional custodians: BitGo, Copper, and Hex Trust with no slashing risk or third-party bridges.
Use lstBTC as collateral, in CeFi and DeFi strategies, while simultaneously earning base yield on your Bitcoin.
Maintain Bitcoin's cost basis with no taxable transfer events and clear separation between principal and yield.
A simple process to unlock Bitcoin's yield potential
Step 1 - Deposit BTC
Deposit your Bitcoin with our trusted institutional custodians: BitGo, Copper, or Hex Trust.
Step 2 - Mint lstBTC
Receive lstBTC tokens representing your Bitcoin deposit, which can be held, traded, or used as collateral.
Step 3 - Earn Yield
Maple Finance manages your BTC to generate yield in BTC through Core's Timelock+ mechanism with professional risk management.
0% in BTC base yield
Can be used as collateral
Additional yield when used as collateral
Portfolio cash flow
Limited compatibility with DeFi strategies
Institutional-grade security
Maintains tax efficiency
2-6% in BTC base yield
Can be used as collateral
Additional yield when used as collateral
Portfolio cash flow
Compatible with DeFi strategies
Institutional-grade security
Maintains tax efficiency
Join leading institutions already utilizing lstBTC to transform their Bitcoin from an idle asset with negative carry to a productive asset that earns real yield.
Trusted
Custodians
lstBTC is backed by Bitcoin securely held by top-tier institutional custodians.
Investment
Manager
Maple Finance manages lstBTC reserve assets and makes decisions on how and where to allocate BTC to generate yield.
Additional
Partnership
Coming soon. To partner with lstBTC, please contact: inquire@coredao.org
Contact UsCore is a high-performance EVM-compatible L1 blockchain secured by Bitcoin, enabling trustless & sustainable yield through Bitcoin's native timelock functionality.
lstBTC yield is generated by dual staking Bitcoin and CORE, from the custodian, to secure the Core blockchain in exchange for block rewards.
Similar to dual staking, lstBTC helps to secure the Core blockchain with BTC and CORE in exchange for block rewards. However, the lstBTC token remains fully liquid, enhancing utility, while earning yield.
lstBTC is ideal for Family Offices and HNWIs seeking yield with trusted custodians, Market Makers and Traders using it as collateral, and Institutional Investors enhancing portfolio performance with yield-bearing Bitcoin.
Dual staking on Core allows users to secure the network by time-locking BTC in their wallets while also staking CORE tokens, unlocking higher yields and enhanced rewards paid in CORE.
Customers acquire lstBTC by minting BTC for lstBTC from trusted custodians: BitGo, Copper, and Hex Trust.
Customers can redeem lstBTC to receive BTC plus yield directly into customers’ custody account.
Yes, lstBTC can be pledged as collateral. Unlike BTC, lstBTC earns yield even when pledged, thus increasing capital efficiency.
To learn more and stay up to date on lstBTC, join our waitlist.
