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BTC $61,206.35 +1.04%
ETH $1,608.46 +3.51%
BNB $587.58 +2.41%
XRP $1.12 +3.93%
SOL $63.80 +3.35%
TRX $0.3251 +0.85%
DOGE $0.0830 +3.02%
ADA $0.1585 +0.92%
BCH $219.43 +2.36%
LINK $7.57 +3.57%
HYPE $57.57 +2.70%
AAVE $61.25 +1.61%
SUI $0.7302 +3.22%
XLM $0.2018 -0.98%
ZEC $413.54 +16.76%

$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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