coreDAOCOREDAO
Convert COREDAO to your currency
Last Updated on Oct 03, 2025 08:42 PM
What is coreDAO?
About the coin
coreDAO is a governance token that plays a central role in the CORE ecosystem, which is focused on building decentralized finance (DeFi) products. The token empowers its holders with the ability to influence and control the ecosystem through a robust on-chain governance system.
Main features
The primary feature of coreDAO is its governance capability. Token holders can use their voting power to make decisions regarding the ecosystem and its products. This includes managing and implementing changes to the ecosystem, ensuring that the community has a direct say in its development and evolution.
How it works
coreDAO holders can directly control all CORE products through on-chain governance. One of the key products within the ecosystem is cLEND, a lending platform that allows users to take out loans against various tokens. The governance system enables coreDAO holders to adjust fees, determine collateral types, and push updates to the cLEND contract, ensuring that the platform remains flexible and responsive to the needs of its users.
Wallet for coreDAO
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Tangem supports networks for coreDAO
- Ethereum
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coreDAO FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- What is Core Chain? Core Chain isa Bitcoin-powered, EVM-compatible Layer 1 blockchain with smart contracts that enables BTC staking, a feature traditionally unavailable to Bitcoin holders.
- Core DAO isthe decentralized autonomous organization focused on supporting and advancing the Core blockchain network, fostering security, scalability, and decentralization through a collaborative, community-driven approach.
How to secure coreDAO with Tangem Wallet?
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Why choose coreDAO wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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