Corn
Announcements
Corn is the network built for BTCFi. Powered by Arbitrum and integrated with Coinbase, Chainlink, and LayerZero, Corn offers BTC holders easy, fast, and secure access to the most varied financial markets on the planet: the EVM’s decentralized finance. Using BTCN, a hybrid tokenized Bitcoin, as its gas token, Corn introduces the Bitcoin Clearing House — a mechanism inspired by MakerDAO’s Peg Stabilization Module (PSM). This swap facility offers a secure and transparent way to unlock Bitcoin’s full potential, not only as the pristine store of value that Satoshi envisioned, but also the yield-generating asset hodlers can finally put to work.
As one of Babylon’s first Bitcoin-secured networks, Corn creates a natural sink for BTC LST liquidity. This synergy positions Corn as the keystone of BTCFi, seamlessly merging Bitcoin’s unmatched security and liquidity with the innovation happening in DeFi. With its phased launch underway, Corn is set to deliver a thriving ecosystem of apps, veStaking, and an innovative Bribe Market, all designed to empower the community-owned network for BTCFi. Corn is the butter way to use Bitcoin.
About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
