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BTC $60,799.91 -1.77%
ETH $1,560.76 -3.35%
BNB $575.53 -0.41%
XRP $1.09 -2.34%
SOL $62.10 -4.92%
TRX $0.3227 +0.13%
DOGE $0.0814 -2.15%
ADA $0.1579 -2.48%
BCH $216.70 -2.03%
LINK $7.37 -2.20%
HYPE $56.67 -5.82%
AAVE $60.82 -4.21%
SUI $0.7123 -0.72%
XLM $0.2106 +1.88%
ZEC $354.23 -7.11%

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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