VaultLayer | Documentation
  • 👋Intro to VaultLayer
  • Smart Vaults
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    • 🚀Bitcoin Staking (beta)
    • 🤖DeFAI (soon)
  • LASER Points
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    • Borrow $CORE with NFT
    • Lend $CORE
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    • 🛠️SDK
      • Providers
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  • Roadmap
    • 🟠Vaulter CORE (vltCORE)
    • 🔶Tokenomics
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Vaulter CORE (vltCORE)

VaultLayer's Core Dual-Staking Aggregation Protocol

PreviousAPI (soon)NextTokenomics

Last updated 13 days ago

Overview

VaultLayer's Vaulter CORE (vltCORE) is a decentralized protocol that unlocks liquidity and accesses to max yield for Bitcoin staked on Layer 1 (L1) using Smart Vaults. The contract represents tokenized shares of CORE collateral that users receive when they deposit CORE or Stake BTC using the VaultLayer protocol.

Features

  • ERC-4626 Standard: Implements vltCORE as an ERC-4626 vault shares token with minting and burning functionalities.

  • Bitcoin-backed yield: Users earn optimized staking rewards by maintaining a 1:24000 BTC-to-CORE ratio.

  • Liquidity access: Tokenized vltCORE shares can be traded, staked, or used as collateral.

  • Automated rebalancing: Ensures rewards are dynamically distributed between BTC stakers and CORE depositors.

  • Staking and delegation: Facilitates CORE staking via CoreDAO’s staking mechanism.

  • BTC transaction validation: Records BTC stakes and tracks rewards through off-chain verification.

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vltCORE