CIP-5: Dual Staking Satoshi Tier Upgrade

TL;DR

• Dual Staking Overview: Introduced in Q4 2024, Dual Staking unlocks higher yield tiers for stakers who simultaneously stake Bitcoin and CORE tokens.
• Current Staking Tiers & Ratios: Dual Staking currently has three boosted yield tiers, each with specific CORE-to-BTC staking ratios. These ratios represent the amount of CORE required per 1 Bitcoin staked to qualify for the respective yield tier, with higher ratios unlocking greater staking rewards. The current ratios after adjustments as per CIP-3 are:
  • Satoshi Tier: 16,000:1
  • Super Tier: 6,000:1
  • Boost Tier: 2,000:1
• Proposed Adjustment: To further enhance the alignment of Bitcoin and Core and to adapt proactively to evolving market conditions, this proposal seeks to adjust the tier ratios to the following:
  • Satoshi Tier – 24,000:1
  • Super Tier – 9,000:1
  • Boost Tier – 3,000:1
• Impact: The adjustment encourages higher commitment to Core while strengthening long-term staking, optimizing reward distribution, and contributing to greater network stability.

Summary

This proposal seeks to modify Dual Staking’s CORE-to-BTC staking ratios by increasing the staked CORE requirements across all boosted tiers. If approved, the updated staking ratios will better align the staking structure, reward dedicated stakers, and maintain the long-term health of the staking ecosystem.

Background

Dual Staking was initially introduced as part of the Fusion Upgrade in Q4 2024 to incentivize users that simultaneously stake Bitcoin and CORE tokens. The original tier ratios at launch were:

• Satoshi Tier: 8,000:1
• Super Tier: 3,000:1
• Boost Tier: 1,000:1

Following increased staking participation and market-driven feedback, these initial ratios were doubled to their current values:

• Satoshi Tier: 16,000:1
• Super Tier: 6,000:1
• Boost Tier: 2,000:1

Continuing to adjust these dynamic variables, this proposal seeks to fine-tune the ratios further to ensure sustainable, attractive yields and optimize staking participation across all tiers.

Rationale

The Core blockchain uses built-in mechanisms to ensure staking yields remain sustainable and attractive over the long term. Yield fluctuations naturally occur based on changes in asset prices, staking participation levels, and market dynamics. Currently, the number of stakers qualifying for the higher yield tiers continues to grow, diluting rewards and potentially reducing long-term incentive effectiveness.

By increasing the required amount of CORE per BTC for each Dual Staking tier, this adjustment will:

• Improved economic balance — Increasing staking ratios ensures fairer staking requirements aligned with real-time supply-demand dynamics.
• Deepened Commitments from Bitcoin Stakers – A higher staking requirement incentivizes Bitcoin stakers to further commit to the security of the Core network by staking additional CORE tokens to qualify for higher tiers.
• Optimized Staking Rewards – Proactively addresses yield dilution and ensures rewards remain attractive and sustainable.

Implementation Details

• If approved, the new proposed CORE-to-BTC ratios will be applied to the following:
  • Satoshi Tier – 24,000:1
  • Super Tier – 9,000:1
  • Boost Tier – 3,000:1
• Implementation will occur immediately after the governance vote concludes.

Voting Process

• Duration: 3 days
• Options:
• Yes – Accept the proposal. Adjust the Dual Staking tier ratios as follows:
  • Satoshi Tier – 24,000:1
  • Super Tier – 9,000:1
  • Boost Tier – 3,000:1
• No – Decline the proposal. Keep the current ratios as the following:
  • Satoshi Tier – 16,000:1
  • Super Tier – 6,000:1
  • Boost Tier – 2,000
• Abstain – Abstain from voting.

Deadline for Votes

04/02, 2025 - Ensuring ample time for thorough consideration and discussion.

摘要

• 双重质押概览：双重质押（Dual Staking）于 2024 年第四季度推出，允许用户同时质押比特币（BTC）和 CORE 代币，以解锁更高收益等级。
• 当前质押等级及比例：双重质押目前包含三个提升收益的等级，每个等级对应特定的 CORE-to-BTC 质押比例。这些比例代表了每质押 1 个比特币所需的 CORE 数量，较高的比例可解锁更高的质押奖励。目前，根据 CIP-3 调整后的比例 如下：
  • Satoshi 级别 – 16,000:1
  • Super 级别 – 6,000:1
  • Boost 级别 – 2,000:1
• 提议调整：为了进一步加强比特币与 Core 生态的协同，同时适应市场变化，本提案建议调整质押比例如下：
  • Satoshi 级别 – 24,000:1
  • Super 级别 – 9,000:1
  • Boost 级别 – 3,000:1
• 影响：这一调整鼓励对 CORE 的更高承诺，同时加强长期质押，优化奖励分配，并有助于提高网络稳定性。

提案概述

本提案提议调整双重质押的 CORE-to-BTC 质押比例，提高所有提升收益等级的 CORE 质押需求。如果获得通过，新比例将进一步优化质押结构，增强激励机制，并保持质押生态的长期健康。

背景

双重质押最初作为 2024 年第四季度 Fusion 升级 的一部分推出，旨在激励用户同时质押比特币（BTC）和 CORE 代币。初始推出时的质押比例如下：

• Satoshi 等级：8,000:1
• Super 等级：3,000:1
• Boost 等级：1,000:1

基于市场反馈与用户参与情况，初始比例随后调整为当前数值：

• Satoshi 等级：16,000:1
• Super 等级：6,000:1
• Boost 等级：2,000:1

本提案建议进一步优化这些动态参数，以确保质押收益的可持续性，并提升各个等级的质押参与度。

基本原理

Core 区块链采用内置机制，确保质押收益在长期内保持可持续性和吸引力。质押收益会随着资产价格变化、用户参与度和市场动态而自然波动。目前，越来越多的用户正在进入高收益等级，这可能会导致奖励稀释，并降低长期激励效果。

本次调整通过提高每个等级的 CORE-to-BTC 质押比例，将带来以下好处：

• 优化经济平衡 —— 增加质押比例，使质押要求更加公平，并与市场供需动态保持一致。
• 促进比特币质押者更深度参与 —— 更高的 CORE 质押要求，将激励 BTC 质押者进一步投入 Core 生态，以获得更高的收益回报，同时提升 Core 网络的安全性。
• 优化质押奖励机制 —— 通过调整质押比例，主动应对奖励稀释问题，确保收益仍然具有竞争力和可持续性。

实施方案

• 若提案通过，新调整的 CORE-to-BTC 质押比例 将应用于以下等级：
  • Satoshi 级别 – 24,000:1
  • Super 级别 – 9,000:1
  • Boost 级别 – 3,000:1
• 调整将在治理投票结束后立即生效。

投票流程

• 投票持续时间：3 天
• 投票选项：
  • 是 – 通过提案，调整双重质押比例如下：
  • Satoshi 级别 – 24,000:1
  • Super 级别 – 9,000:1
  • Boost 级别 – 3,000:1
• **否 **– 拒绝提案，保持当前质押比例：
  • Satoshi 级别 – 16,000:1
  • Super 级别 – 6,000:1
  • Boost 级别 – 2,000:1
• 弃权 – 选择不参与投票。

投票截止日期

2025 年 4 月 2 日，确保社区有充分的时间进行讨论和决策。