GOAT Network’s Alpha Mainnet Launch Goes Live to Unlock Passive Income for BTC & DOGE Holders
GOAT Network has officially launched its Alpha mainnet, marking the beginning of a new era for sustainable BTC yield.
This major move comes as US President Donald Trump signs an executive order to create a strategic Bitcoin reserve that legitimizes Bitcoin’s status as “digital gold” and could accelerate institutional adoption worldwide.
By putting federal trust in Bitcoin, this move can inspire institutions to move on-chain and inject liquidity into the DeFi market. Against such a backdrop, GOAT Network’s mainnet launch marks a major achievement that promises the ability to earn sustainable BTC yield while ensuring security.
Powered by Decentralized Sequencers using multi-coin PoS, GOAT aims to transform not just BTC but also the OG meme coin DOGE from being passive holdings into active, yield-generating assets through its one-of-a-kind economic model that tokenizes sequencer revenues.
“GOAT Network’s Alpha Mainnet represents both a major milestone for our team and a game-changer for Bitcoin and Dogecoin. BTC and DOGE holders will finally be able to do more with their assets than just hold them,” said Kevin Liu, co-founder of GOAT Network.
To celebrate the launch, GOAT Network is pairing it with the One Piece Project. So, users can bridge native BTC, BTCB, or DOGE into GOAT Network and mint a soulbound NFT to kick off their on-chain journey.
Once bridged to GOAT, users can start collecting GOAT Points whenever they transact on launch partner dApps — GOATSwap (GOATSwap.fi), Oku (Oku.trade), and Artemis (ArtemisFinance.io).
With this Alpha Mainnet launch, GOAT Network is laying the foundation for its broader ambitions, which will see the public mainnet launch later this year. But before that, the Token Generation Event (TGE) will occur in the first half of 2025.
Paving the Way for BTCFi and MemeFi Growth
To offer its users sustainable BTC yield, GOAT Network utilizes a novel decentralized sequencer along with a proof-of-stake model for Bitcoin.
Having a decentralized sequencer is a key technical point that sets this universal L2 apart from other scaling solutions. The Decentralized Sequencer facilitates the inclusion of transactions into batches using a decentralized protocol, for which GOAT is inviting external sequencer node operators to stake BTC or DOGE in exchange for a share in operational control and transaction revenue.
This decentralized sequencer model also enables everyday users to lock their small amounts of BTC and DOGE. This way, both the sequencer node operators and regular users get to earn the same annual Mining Rewards Rate.
All the deposited Bitcoin and Dogecoin help power liquidity on GOAT Network’s decentralized financial market, which is critical to any chain’s success as deep liquidity ensures smooth transactions, minimal slippage, better capital efficiency, and stability.
This dual-staking model meanwhile makes the GOAT Network ‘Home of The People’s Coins’ as both BTC and DOGE represent the original and most widely adopted assets in their receptive realms.
To further boost its attractiveness, GOAT has built a one-of-a-kind economic model, which bolsters the yield-earning capability of its participants.
So, any transaction fees on GOAT Network are paid in wrapped BTC, which is received by sequencer node operators. It is converted into a yield-bearing BTC token, then decomposed into a principal token and another yield-bearing token.
As a result, every transaction that occurs on the GOAT Network helps generate sustainable BTC yield for both sequencer node operators and everyday users, who can acquire yields by locking either their BTC or DOGE into a Network node or participating in BTCFi and MemeFi dApps on the network like Avalon Finance and LayerZero.
“GOAT Network’s launch brings Bitcoin and Dogecoin into the heart of DeFi, unlocking massive opportunities for both BTC and DOGE holders and the broader Web3 ecosystem. No more choosing between holding BTC and DOGE, and earning yields,” said Liu.
With its economic model, GOAT Network has created an enticing yield strategy that has the potential to attract significant retail and institutional attention, but that doesn’t mean that security is amiss.
When it comes to asset security, the GOAT Network actually makes use of the battle-tested and resilient security of the Bitcoin mainnet itself. For this, GOAT Network recently released a testnet version of BitVM2, so that users can try out GOAT’s bridge to see how this works. The technological standard will go live later this year. For now, GOAT’s BitVM2 Playground can be found at BitVM2.GOAT.network.
So, by enabling Bitcoin holders to earn sustainable yields while keeping their holdings secure, GOAT Network bridges the gap between Bitcoin and DeFi, advancing BTCFi. At the same time, GOAT Network is pioneering MemeFi by allowing DOGE holders to put their meme coin to work.
Overall, with the Alpha mainnet launch, GOAT Network is transforming the two most successful assets from passive to active, yield-bearing assets while driving broader adoption!
About GOAT Network
GOAT Network is the first sustainable BTC yield chain, powered by Decentralized Sequencers using multi-coin PoS. GOAT’s mission is to transform BTC and DOGE from passive holdings into active, yield-generating assets through a one-of-a-kind economic model that tokenizes sequencer revenues—unlocking the full potential of BTCFi and MemeFi in a way that’s never been done before.
Website: GOAT.network
Economic Model: GOAT.network/econpaper
X: X.com/GOATRollup
Telegram: t.me/GOATRollup
YouTube: https://www.youtube.com/@GOATRollup
Is It Time To Sell LAYER? Solayer Labs Transfers 6.9 Million Solayer Tokens to Binance
This transfer of LAYER tokens by Solayer Labs attracted curiosity within the crypto community. It ra...
Bitcoin Market Faces Rising Stress: Profitability Stress Ratio Hits 0.23 Since September
Since September 2024 Bitcoin's profitability stress ratio has reached 0.23 which indicates the crypt...
AgentXYZ and SoonChain Partner to Enhance Web3 Gaming with AI Trading
AgentXYZ and SoonChain partner to integrate AI trading tools and market intelligence into Web3 gamin...