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BTC $76,714.02 -3.24%
ETH $2,283.77 -4.76%
BNB $623.66 -2.43%
XRP $1.39 -3.71%
SOL $84.07 -4.46%
TRX $0.3245 +0.40%
DOGE $0.0990 -1.48%
ADA $0.2470 -3.22%
BCH $447.53 -1.82%
LINK $9.27 -3.12%
HYPE $41.00 -5.05%
AAVE $96.88 -2.64%
SUI $0.9283 -3.20%
XLM $0.1647 -4.87%
ZEC $346.48 -4.05%

$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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