Corn chain
Overview
Corn is an Ethereum layer-2 that is compatible with the Ethereum Virtual Machine and built on the Arbitrum Orbit stack. Its distinguishing characteristic is that it uses Bitcoin rather than ether as its gas asset; transaction fees are paid in BTCN, a token backed by Bitcoin and redeemable at a 1:1 ratio for BTC. A separate token, CORN, is employed for staking and governance. The project secured $6.7 million in seed funding, with Polychain Capital leading the round and participation from investors including Binance Labs and Framework Ventures. It presents itself as infrastructure for DeFi denominated in Bitcoin.
Within The Counterparty graph, Corn connects to 11 tracked entities, most strongly to Ethereum, USD Coin, Tether USD.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 11 total).
| Relation | Connected entity | Confidence |
|---|---|---|
settles_to | Ethereum | 95% |
deployed_on | USD Coin | 95% |
deployed_on | Tether USD | 95% |
deployed_on | Morpho Blue | 95% |
deployed_on | Uniswap V3 | 95% |
deployed_on | Curve DEX | 95% |
deployed_on | Avalon USDa | 95% |
deployed_on | Steakhouse Financial | 95% |
built_with | Arbitrum Orbit | 90% |
uses_da | Data Availability Committee | 90% |
Frequently asked questions
What is Corn?
Corn is a layer2 tracked in The Counterparty knowledge graph. It is connected to 11 other tracked entities, most strongly to Ethereum, USD Coin, Tether USD.
What type of entity is Corn?
Corn is classified as a layer2 (chain) in The Counterparty knowledge graph.
What is Corn connected to?
In The Counterparty knowledge graph, Corn is linked to 11 other tracked entities, most strongly to Ethereum, USD Coin, Tether USD.
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.