Curious why Colend thrives on Core Network for BitcoinFi? You’re in the right place. It’s 08:12 AM EDT on Tuesday, June 3, 2025, and Colend is a leading BitcoinFi protocol, leveraging Core Network to power its ecosystem. Whether you’re in NYC, London, or Seoul, searching for Colend Core Network, BitcoinFi Colend, or Colend BTCFi, this 2025 guide by Web3 Pro X has you covered. Let’s dive into why Core Network is the perfect foundation for Colend’s BitcoinFi vision, its benefits, and how it enhances your DeFi experience. Ready to roll?
Colend is a decentralized lending protocol pioneering BitcoinFi with its slogan "BitcoinFi starts here," as noted on colend.xyz. The Colend Core Network refers to its foundation on Core Network, a layer-1 blockchain that combines Bitcoin’s security with Ethereum’s programmability, per colend.medium.com. Core Network is EVM-compatible, meaning it supports Ethereum-style smart contracts while leveraging Bitcoin’s hash power for enhanced security. With a Total Value Locked (TVL) exceeding $200M, per X updates, Colend uses Core Network to offer non-custodial lending, borrowing, and earning opportunities in BTCFi. Features like ve(3,3) governance, CLND tokens, and Alpha NFTs thrive on Core’s robust infrastructure. Let’s explore why Core Network is built for BitcoinFi.
Core Network is uniquely designed to support BitcoinFi protocols like Colend, blending Bitcoin’s security with DeFi innovation. First, Core Network uses Bitcoin’s hash power through merged mining, ensuring unparalleled security for transactions, per colend.medium.com. Second, its EVM compatibility allows Colend to deploy Ethereum-style smart contracts, enabling lending, borrowing, and governance features on a Bitcoin-secured chain. Third, Core Network’s low fees and fast transactions make it ideal for DeFi, offering a seamless experience for BTCFi users. Colend’s ve(3,3) governance, CLND token rewards, and Core Ignition Drop all benefit from Core’s infrastructure, audited by Halborn, Zokyo, and Verichains, per X updates. Core Network’s design makes it the perfect backbone for Colend’s BitcoinFi vision. Want to know the benefits? Let’s break them down.
Here’s why Colend thrives on Core Network for BitcoinFi.
These benefits make Colend unstoppable on Core Network. Curious how Core compares to other blockchains? Let’s take a look.
Core Network and Ethereum both support DeFi—how do they compare for BitcoinFi protocols like Colend?
Feature | Core Network | Ethereum |
---|---|---|
Security | Bitcoin Hash Power | Proof-of-Stake |
EVM Compatibility | Yes | Yes |
Transaction Fees | Low | High |
BitcoinFi Focus | Yes (BTCFi) | No |
Core Network’s Bitcoin security and low fees make it ideal for Colend’s BTCFi vision, while Ethereum offers broader DeFi but lacks Bitcoin integration. For more on BTCFi, see Colend BTCFi: The Future of Bitcoin Finance!
Here’s how to make the most of Colend on Core Network and enhance your BitcoinFi experience.
These tips will help you use Colend effectively on Core Network. Want to learn more about governance perks? Let’s explore.
Got questions about Colend on Core Network? Let’s clear things up.
What is Colend Core Network? It’s Colend’s foundation on Core Network, a Bitcoin-secured, EVM-compatible blockchain for BTCFi.
Why does Colend use Core Network? Core combines Bitcoin’s security with Ethereum’s programmability, ideal for BitcoinFi.
How does Core Network benefit Alpha NFT holders? It supports Priority Access to events like Core Ignition Drop—check Colend Alpha NFTs: Benefits of the Alpha Collection.
Are Core Network transactions secure? Yes, they’re secured by Bitcoin’s hash power and audited by top firms, per X updates.
For more on Colend’s BitcoinFi vision, head to Colend BTCFi: The Future of Bitcoin Finance.
Colend on Core Network is your BitcoinFi hub in 2025. Search for Colend Core Network, visit colend.xyz, and start lending or borrowing on a Bitcoin-secured blockchain. Join the revolution today. Let’s make it gud!
Key features: Colend Core Network, BitcoinFi Colend, Colend BTCFi, Colend ve(3,3) governance, Colend CLND token, Colend Alpha NFTs.