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BTC $79,238.05 -0.71%
ETH $2,489.11 -0.09%
BNB $739.81 -1.31%
XRP $1.40 -1.04%
SOL $104.04 -1.42%
TRX $0.3345 -0.18%
DOGE $0.0903 +0.70%
ADA $0.2201 +0.24%
BCH $260.29 +1.56%
LINK $12.77 +3.26%
HYPE $85.52 -2.11%
AAVE $132.31 -0.54%
SUI $0.8286 +3.95%
XLM $0.1932 +5.14%
ZEC $1,156.13 -5.12%

$goated

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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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