Bitcoin 
Ethereum 
Tether 
Solana 
BNB 
XRP 
Dogecoin 
USDC 
Lido Staked Ether 
Cardano 
TRON 
Wrapped Bitcoin 
Shiba Inu 
Toncoin 
Avalanche 
Wrapped stETH 
Bitcoin Cash 
Sui 
WETH 
Chainlink 
Polkadot 
Pepe 
LEO Token 
Stellar 
Litecoin 
NEAR Protocol 
Aptos 
Wrapped eETH 
Uniswap 
USDS 
Cronos 
Hedera 
Internet Computer 
Ethereum Classic 
Bonk 
Kaspa 
Render 
Ethena USDe 
WhiteBIT Coin 
Bittensor 
POL (ex-MATIC) 
Dai 
MANTRA 
Artificial Superintelligence Alliance 
dogwifhat 
Monero 
Stacks 
Arbitrum 
Filecoin 
OKB 
Corn, an Ethereum Layer-2 network that uses hybrid tokenized Bitcoin (BTC) as gas and offers Super Yield to its users, has launched after securing $6.7 million in seed funding led by Polychain Capital, according to an Aug. 20 statement shared with CryptoSlate.
The seed round also included notable corporate and individual investors, including Binance Labs, Framework Ventures, and Polygon co-founder Sandeep Nailwal.
Corn’s mission
Corn aims to establish a network-wide “Crop Circle” that aligns users, applications, and token holders within a cohesive and mutually beneficial ecosystem.
The network’s launch comes in response to the challenges faced by other decentralized networks, which often struggle to align their participants. This misalignment can result in issues such as insufficient long-term liquidity, limited token utility, and a lack of committed developers.
To address these challenges, Corn intends to ensure sustainable yield for users, maintaining liquidity while enhancing utility for token holders.
Corn’s founder, Spadaboom, emphasized the project’s goal to empower applications, thereby attracting and retaining developers on the platform. He explained:
“By aligning network participants through the power of Super Yield Farming, ensuring foundational token utility, and putting Bitcoin in the driver seat, Corn is definitely not just another vanilla chain launch.”
Corn also draws inspiration from Curve‘s veTokenomics, offering CORN tokens as incentives to users and developers. Those who engage with the app will receive incentives, while CORN stakers, known as popCORN, will have a say in distributing these incentives.
BTCN
Corn aims to give users the ability to utilize “digital gold” in the long term by leveraging a tokenized version of Bitcoin known as BTCN.
It stated:
“BTCN is our hybrid tokenized Bitcoin, backed 1:1 by native BTC, and not bound to a single centralized custodian or bridging solution. Instead, BTCN extends its minting rights to multiple trusted custodians, smart contracts, and/or bridging protocols.”
Through Corn, Bitcoin holders can leverage their assets in various ways while retaining control over their custody, unlocking the potential of their otherwise idle digital asset.
