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SUI $0.8242 +3.63%
XLM $0.1902 +3.60%
ZEC $1,153.99 -5.06%
BTC $79,167.27 -0.87%
ETH $2,490.79 -0.02%
BNB $739.62 -1.41%
XRP $1.39 -1.12%
SOL $104.00 -1.63%
TRX $0.3343 -0.29%
DOGE $0.0898 +0.63%
ADA $0.2194 +0.16%
BCH $260.45 +1.64%
LINK $12.76 +3.42%
HYPE $84.94 -2.66%
AAVE $132.02 -0.69%
SUI $0.8242 +3.63%
XLM $0.1902 +3.60%
ZEC $1,153.99 -5.06%

$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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