Corn is an Ethereum Layer 2 network built to enable native Bitcoin utility on the EVM, featuring native BTC bridging and BTC as the gas token. It introduces BTCN, a 1:1 tokenized Bitcoin backed by native Bitcoin with minting rights extended to multiple custodians, smart contracts, and bridging protocols. Corn employs a Super Yield model and extends veCRV-style tokenomics chain-wide, emitting CORN incentives that apps can receive while popCORN stakers direct incentive distribution. The network targets familiar DeFi applications to unlock stagnant Bitcoin and align users, applications, and token holders within a unified framework. The founding team includes builders behind Badger, Code4rena, Slingshot, and 0xBow. Corn completed a $6.7 million seed financing led by Polychain Capital and has strategic backing from HTX Ventures.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2024