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BTC $78,229.33 -1.06%
ETH $2,180.71 -1.73%
BNB $656.51 -2.38%
XRP $1.41 -1.40%
SOL $86.58 -2.87%
TRX $0.3544 +0.78%
DOGE $0.1098 -2.87%
ADA $0.2548 -2.38%
BCH $417.46 -1.75%
LINK $9.74 -3.05%
HYPE $41.89 -4.58%
AAVE $90.33 -2.57%
SUI $1.06 -2.58%
XLM $0.1516 -1.69%
ZEC $511.79 -1.27%

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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