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BTC $62,641.10 +1.48%
ETH $1,656.96 +3.76%
BNB $596.44 +2.68%
XRP $1.12 +2.13%
SOL $65.45 +2.32%
TRX $0.3268 +0.72%
DOGE $0.0849 +1.66%
ADA $0.1613 +0.20%
BCH $220.27 -1.44%
LINK $7.78 +2.56%
HYPE $60.37 +2.66%
AAVE $62.38 +0.45%
SUI $0.7413 -1.68%
XLM $0.1986 -5.53%
ZEC $425.89 +11.96%

$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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