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BTC $61,927.75 +1.85%
ETH $1,631.21 +4.52%
BNB $593.59 +3.19%
XRP $1.12 +3.76%
SOL $64.73 +4.33%
TRX $0.3257 +0.95%
DOGE $0.0839 +3.61%
ADA $0.1605 +1.73%
BCH $222.45 +3.33%
LINK $7.68 +4.51%
HYPE $58.46 +2.93%
AAVE $62.19 +2.69%
SUI $0.7402 +4.30%
XLM $0.2021 -2.43%
ZEC $422.21 +19.97%

$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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