FAQ
How does Corn work?
Corn is an Ethereum Layer 2 network built on Arbitrum Orbit that enables users to stake Bitcoin and participate in DeFi using a tokenized version of Bitcoin called BTCN, which is pegged 1:1 to native BTC. BTCN serves as the network’s gas token and unlocks yield opportunities through mechanisms like Super Yield Farming and the popCORN incentive system. Users can bridge Bitcoin into the ecosystem, use it in DeFi protocols, and earn rewards, all while benefiting from Ethereum’s scalability and security.
Is Corn a secure platform?
Corn leverages Ethereum’s security model and Arbitrum’s proven Layer 2 technology to safeguard user assets and transactions. BTCN is backed 1:1 by native Bitcoin held across multiple custodians, smart contracts, and bridging protocols, providing transparency and flexibility for asset management. The platform’s multi-custodian and on-chain verification approach enhances asset safety for users.
How to use Corn?
To use Corn, users bridge their Bitcoin to receive BTCN, which can then be used for gas, staking, and participation in DeFi applications within the Corn ecosystem. Users can also stake CORN tokens to receive popCORN, vote in governance, and earn additional rewards through the platform’s bribe market and yield farming features. Participation in campaigns like the Kernel airdrop offers further engagement and incentives for early adopters.
What services does Corn offer?
Corn provides Bitcoin staking, decentralized finance (DeFi) opportunities, a dual-token model (BTCN and CORN), and a marketplace for yield farming and governance participation. The platform supports cross-chain asset transfers, Super Yield Farming, and a bribe market for protocol incentives. Users can earn rewards, participate in governance, and access a wide range of DeFi applications built around tokenized Bitcoin.
