Core DAO x UTS: Lowering the Bridge for BTCFi

As blockchain technology progresses, enabling connectivity across chains has become a critical focus for driving adoption and innovation. Core DAO’s integration with Entangle’s Universal Token Standard (UTS) marks a significant milestone in advancing Bitcoin DeFi (BTCFi). Despite Bitcoin’s dominance as the leading cryptocurrency, its use cases have often been siloed from broader blockchain solutions rendering it merely a store of value, rather than something with meaningful use cases. With UTS, Core DAO transcends these limitations, unlocking unprecedented cross-chain functionality, expanding their usebase and liquidity. This integration strengthens Bitcoin’s position within DeFi by bridging its robust security framework with Entangle’s groundbreaking interoperability infrastructure. Together we’re creating a more connected and scalable blockchain system as we push forward towards building the Infinite Web3. 

About Core DAO 

Core DAO is an EVM-compatible Layer 1 scaling solution for Bitcoin. Its long-standing goal has been to complement Bitcoin’s core purpose of decentralization and security with new capabilities, notably smart contract functionality and DeFi applications. It makes use of the Satoshi Plus model, a hybrid of three consensus mechanisms: Bitcoin Mining; Delegated Proof of Stake (DPoS) and Non-Custodial BTC Staking. 

Permissionless and interoperable by nature, it welcomes participation from all corners of the blockchain, providing the necessary resources for secure and seamless transaction procedures. The DAO’s surge in activity within the first few months is a testament to the narrative shift towards BTCFi. 

How Core DAO Benefits from UTS Integration

UTS cross-chain capabilities provide a number of benefits for Core DAO. These include the following:

• Enhanced Bitcoin-Anchored Token Framework: UTS provides Core DAO with a standardized architecture for token deployment that preserves its unique Bitcoin security inheritance through Satoshi Plus consensus, while enabling seamless cross-chain functionality.
• Unified DeFi Infrastructure: Developers can leverage UTS to create and manage tokens that operate efficiently across both Bitcoin-anchored and traditional EVM environments, unlocking new possibilities for DeFi applications on Core DAO.
• Optimized Liquidity Management: Projects can utilize UTS to establish efficient liquidity bridges between Core DAO and other major networks, capitalizing on Core DAO's cost-effectiveness while maintaining secure connections to the broader DeFi ecosystem. This will leave no room for liquidity fragmentation, a major issue within the blockchain. 
• Streamlined Token Operations: Token creators maintain complete sovereignty while benefiting from simplified deployment and management processes, reducing technical overhead and accelerating ecosystem growth. 
• Additional Simplicity: Standardized interfaces make it easier for developers to create and manage tokens across Bitcoin-anchored and EVM chains
• Enhanced Security Measures: The symbiotic relationship between the Satoshi Plus consensus and Bitcoin, UTS enables secure cross-chain token deployments that work in harmony with Bitcoin’s secure connection

The permissionless ethos of the DAO falls directly in line with Entangle’s values of decentralization and interconnectivity. Entangle has always embraced greater scalability and cross-chain interoperability, reducing the complexity of token management across chains. 

In Core DAO’s case, UTS integration will pave the way for seamless management of tokens across Bitcoin-anchored and traditional EVM environments. 

The Long-Term Vision

Core DAO’s integration with Entangle’s Universal Token Standard (UTS) is more than a technological upgrade, it’s a blueprint for the future of blockchain connectivity and scalability. By simplifying token deployment and liquidity management, UTS lowers barriers to entry for developers, communities and users and fosters ecosystem growth.

In the long-run, the scalability prospects of the framework will make Core DAO more attractive for institutional adoption, and broader market participation. The adoption of UTS reinforces the growing BTCFi narrative, and empowers Bitcoin as a critical player in the decentralized financial landscape. Together, Core DAO and Entangle are paving the way for a truly interconnected, Infinite Web3.