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BTC $79,175.31 -0.85%
ETH $2,493.71 -0.03%
BNB $740.10 -1.07%
XRP $1.40 -1.02%
SOL $103.84 -2.36%
TRX $0.3338 -0.39%
DOGE $0.0898 +0.74%
ADA $0.2204 +0.65%
BCH $260.48 +1.44%
LINK $12.81 +4.01%
HYPE $85.09 -3.22%
AAVE $132.08 -0.96%
SUI $0.8209 +3.04%
XLM $0.1905 +3.42%
ZEC $1,159.08 -5.36%

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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