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BTC $74,809.08 -0.42%
ETH $2,332.19 -1.32%
BNB $629.67 +0.81%
XRP $1.43 +1.48%
SOL $88.15 +3.12%
TRX $0.3255 +0.12%
DOGE $0.0976 +0.73%
ADA $0.2548 +1.93%
BCH $449.94 +1.81%
LINK $9.44 +1.11%
HYPE $43.58 -3.41%
AAVE $113.34 +5.04%
SUI $0.9881 +1.20%
XLM $0.1658 +3.50%
ZEC $335.83 -1.48%

$goat

GOAT Foundation established, details of $GOATED token announced

According to ChainCatcher news, the GOAT Foundation has been officially established and will provide long-term support for the GOAT Network in areas such as resource allocation, infrastructure operation, R&D investment, and developer incentives, promoting continuous innovation within the Bitcoin ecosystem.The GOAT Network is the first Bitcoin-native zkRollup, building a sustainable revenue model through Gas fees, MEV, and miner rewards, avoiding reliance on inflationary tokens. The Foundation will act as a coordinator to ensure the smooth execution of ZK proof verification and role rotation mechanisms, making revenue distribution transparent and balanced.The upcoming native token $GOATED has a total supply of 1 billion, of which 39.42% is allocated for mining pool rewards (covering incentives for multiple roles such as Sequencer, Prover, Challenger, etc.), 7% for airdrops, 15% for treasury support for ecological incentives and liquidity, and the remaining portion is distributed to the team, advisors, and early investors. On the day of the TGE, 10.43% will be unlocked to ensure initial liquidity for the ecosystem, with the remaining portion following a cliff + linear unlocking schedule to ensure long-term stability.As the core credential of the network, $GOATED can be used for staking to enhance yields, incentivize developers and users, improve node ranking rights, and grant governance rights to holders, becoming a key driving force in the GOAT Network ecosystem.
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