Corn crypto network is the first Ethereum L2 leveraging Ethereum compotation power and Bitcoin staking economic security powered by Babylonchain. It unlocks a new utility for Bitcoins, allowing users to pay fees within its network in $BTCN - its hybrid tokenized version of Bitcoin while maintaining the same level of EVM compatibility and scalability as other Optimistic L2.
$CORN is going to be a native token of its platform, powering its popCORN governance mechanism and enabling users to vote on where they want to allocate staked $CORN tokens.
Since its inception in 2024, the platform has secured $16.5M via funding rounds with the participation of tier 1 investors like Binance Labs and Polychain.
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Corn network is an Ethereum L2 built with an Arbitrum stack and secured by Babylonchain Bitcoin staking protocol. It enables the new utility of the Bitcoin tokens, by allowing users to pay fees with its hybrid $BTCN tokenized Bitcoin.
$CORN coin is a native token of the protocol, powering its governance mechanism called popCorn, allowing users to deposit $CORN into the network’s specific vault and vote where users should allocate those tokens to earn yield.
Recently, it launched a predeposit stage of its network, allowing anyone to earn points by staking assets either on its L2 or Pendle.
Corn is a first L2 chain built with Arbitrum stack utilizing the economic power of Bitcoin through integration with Babylon Labs. It adds a new utility to the $BTC token, allowing users to pay fees in Bitcoins, via a hybrid tokenized version of $BTC, $BCTN while offering pioneering on-chain liquidity management model, popCorn, somewhat similar to Mitosis’ EOL.
$CORN will be a governance token of the platform, which will power its popCorn governance mechanism. It has already concluded a season 1 points farming campaign with a soon-to-be-released token, considering the upcoming token sale on Legion. Now, the platform announced the second season, giving users points for engaging with dApps on Corn maiznet.
<a href="https://coinlaunch.space/projects/corn-network/" title="Corn Crypto Network (CORN)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/corn-network.png" width="224" alt="Corn Crypto Network (CORN)"></a>