Invested by many well-known VCs 🌽@use_corn

attracting a lot of attention recently

As the BTC ecosystem may rise in the future, Corn is likely to become a hot spot among them

1/ 🧵 Strong investment lineup

The Corn project recently announced its seed round investment lineup, and many well-known VCs also participated.

@polychaincap is leading the investment, and major institutions such as @BinanceLabs , @HTX_Global and @ABCDELabs have already participated.

2/🧵 What is Corn?

💡Corn is a new Ethereum Layer 2 network with the goal of bringing DeFi into the world of Bitcoin.

The project created BTCN, a currency anchored 1:1 with Bitcoin, which will become the Gas token of Corn Network, which means that future operations on this network will use BTCN to pay gas fees.

3/🧵 VeTokenomics model and mechanism

🔄Corn adopts the VeTokenomics model, which works similarly to Curve.

Corn Network’s Native Token is called Corn. The other coin, Popcorn, is similar to VeCRV and has voting rights, which can guide liquidity, control the development of the ecosystem and the issuance of Tokens.

4/🧵 Airdrop Campaign Airdrop Campaign

Corn recently announced the Airdrop Campaign to issue airdrops to early adopters.

🎁Just complete a series of tasks to earn points "Kernel", which can eventually be redeemed for Corn airdrops.

⭐️The threshold for this airdrop is not high and it is a good opportunity for everyone to participate~

5/🧵Three ways to obtain Kernel:

1️⃣Airdrop for early users: Corn has airdropped a large number of points to early DeFi users. If you've used projects like Pendle, Etherfi, and Ethenea, you should theoretically have these points on your account.

You can go to the Corn official website and enter your wallet address to check whether you have points.

6/🧵


2️⃣

Earn points through like, retweet and follow tasks on the Galaxe platform, and each point is equivalent to a Kernel.

3️⃣

Participate in the Corn ecosystem and deposit assets into the platform.
You can earn one Kernel for every dollar spent on storage for 210 minutes, so Kernels are earned based on the TVL contributed and the storage time.

WBTC earns twice the points, WETH and DAI have 1.25 times the points.