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BTC $61,787.99 +1.52%
ETH $1,629.16 +4.33%
BNB $593.64 +3.16%
XRP $1.12 +3.50%
SOL $64.66 +4.13%
TRX $0.3256 +0.83%
DOGE $0.0839 +3.32%
ADA $0.1605 +1.46%
BCH $223.38 +3.16%
LINK $7.66 +4.09%
HYPE $58.40 +2.61%
AAVE $62.17 +2.39%
SUI $0.7392 +3.94%
XLM $0.2018 -2.58%
ZEC $426.80 +21.30%

$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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