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BTC $77,110.39 +2.91%
ETH $2,418.00 +3.13%
BNB $643.02 +1.35%
XRP $1.48 +2.28%
SOL $88.86 +0.10%
TRX $0.3275 +0.19%
DOGE $0.0993 +0.50%
ADA $0.2576 -0.23%
BCH $453.42 -0.62%
LINK $9.60 +0.89%
HYPE $44.78 +1.49%
AAVE $114.76 -0.60%
SUI $0.9950 -0.52%
XLM $0.1729 +2.88%
ZEC $333.97 -1.96%

$goated

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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