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About Corn
CORN is the native governance and incentive token for the Corn Network, a Bitcoin-focused DeFi ecosystem built on Arbitrum. It enables staking, voting, and allocation of rewards through the popCORN System, fostering alignment between users, builders, and protocols.
Corn (CORN) is the native token of the Corn Network, a blockchain platform built on the Arbitrum Orbit Layer 2 framework. CORN plays a central role in the network’s incentive structure, referred to as the popCORN System. This mechanism allows token holders to participate in governance by voting on the distribution of CORN emissions and BTCN fees to applications and protocols building within the Corn ecosystem.
The CORN token is an Omnichain Fungible Token (OFT) using the LayerZero standard. This enables cross-chain interoperability, allowing CORN to move between the Corn Network, Ethereum, and other LayerZero-supported chains.
CORN is used primarily for staking and governance within the Corn Network. Stakers can vote on which network applications should receive CORN token emissions and BTCN rewards. The popCORN System also supports an incentive market where protocols can offer benefits to CORN voters, aligning builders and users with the long-term goals of the network.
CORN is also integrated with Corn’s broader DeFi ecosystem, which uses BTCN (a 1:1 Bitcoin-backed hybrid token) as the gas token. CORN emissions support community growth, security via Babylon’s Bitcoin staking model, and builder incentives.