Context

Core DAO is a network known for developing the Core blockchain that unites the features of Bitcoin's robust security and Ethereum's flexibility in smart contracts. It is a Bitcoin sidechain which uses a unique mechanism Satoshi Plus Consensus - combining Bitcoin’s Delegated Proof of Work and achieves scalability and composability through Ethereum-like Delegated Proof of Stake. This helps Core DAO power the staking mechanism that rewards users with BTC in reward to the liquidity in their native token.

The mission of Core Blockchain is to drive and foster the Bitcoin presence in the Ethereum ecosystem via Ethereum Virtual Machine and smart contracts. The network supports its main token as well as some of the most popular stablecoins. In simple terms, Core DAO maintains and grows a blockchain network that is both extremely secure and can handle lots of different tasks efficiently such as high volume of transactions.

Proposal

Integrate Core Blockchain from Core DAO into the Symbiosis protocol. This integration aims to expand the opportunities that the combination of Bitcoin and Ethereum networks provide. By integrating Core Blockchain Symbiosis will do the following:

• Incorporate support for the new blockchain within the Symbiosis protocol. This entails adding the BTC token to the Symbiosis AMM DEX on the host chain. Concurrently, the Symbiosis relayer network should begin interfacing with the newly integrated blockchain;
• Deploy and tune Symbiosis contracts on Core Blockchain;
• Implement on-chain routing via existing DEXes on Core Blockchain;

Key points

• With Core Blockchain’s mission of consolidating efficiency capabilities of Ethereum and leveraging the security features of Bitcoin’s PoW, its integration at Symbiosis protocol will empower the Bitcoin ecosystem’s presence at Symbiosis with a broader range of swap and bridge pairs,resulting in the growth of Symbiosis ecosystem.
• Since Core Blockchain is compatible with EVM and supports smart contracts, the blockchain can be seamlessly integrated into the Symbiosis protocol.