Non-Custodial BTC Staking FAQs

Core DAO BTC Native Staking FAQs

Why is that the staking address provided differs from your original Bitcoin address?

The staking address is derived from your wallet's master private key, ensuring your control and security over your assets. Your Bitcoins remain safely stored in your original wallet, unaffected by staking. While staked assets may not be visible in some wallet versions, you still have complete ownership.

You can view your staked funds by searching the staking address on the any BTC explorer like (Mempool)[https://mempool.space/]. We're actively working to make staked assets visible in all supported wallets especially through command line versions.

Does Core DAO provide any hardware wallet support for BTC Native Staking?

At present, Non-Custodial BTC Staking does not support hardware wallets due to technical constraints. Nevertheless, we're constantly exploring ways to enhance compatibility with various wallet types, prioritizing both security and convenience for our users.

What are the important considerations for Locking Periods to keep in mind before staking your assets?

• Time Lock Expiration: When you lock your Bitcoin for staking, it's inaccessible until the staking period concludes.

• Choosing wisely: We advise selecting your locking period thoughtfully, taking into account your investment objectives and risk tolerance. Starting with shorter locking periods can help you become familiar with the process before committing to longer durations.

• Staked Amount Verification: currently due to some technical complexities it is possible that your staked asset is not visible in your wallet when checked through CLI, however, you can easily verify that you have the complete ownership of your staked assets from the Core DAO BTC Native Staking Website.

Why is my staked asset not visible in my wallet?

Currently due to some technical complexities it is possible that your staked asset is not visible in your wallet when checked through CLI, however, you can easily verify that you have the complete ownership of your staked assets from the Core DAO BTC Native Staking Website.

How is the security of non-custodial BTC staking ensured?

Our protocol and non-custodial BTC staking’s security have been thoroughly audited by Halborn, a SOC2 Type 1 compliant firm renowned for its smart contract security expertise and trusted by leading blockchain platforms like Ava Labs, Solana, and Polygon, as well as DeFi projects like Sushiswap.

Review Audit Report