According to ChainCatcher, the GOAT Foundation has been officially established. In the future, it will provide long-term support to the GOAT Network in terms of resource allocation, infrastructure operations, R&D investment, and developer incentives, promoting its continuous innovation in the Bitcoin ecosystem.
GOAT Network is the first Bitcoin-native zkRollup. It builds a sustainable revenue model through gas fees, MEV, and miner rewards, avoiding reliance on inflationary tokens. The Foundation will serve as the coordinator, ensuring smooth ZK proof verification and role rotation, ensuring transparent and balanced revenue distribution.
The native token, which will be launched soon $GOATED, will have a total supply of 1 billion. 39.42% of this will be used for mining pool rewards (covering incentives for Sequencers, Provers, Challengers, and other roles), 7% for airdrops, 15% for the treasury to support ecosystem incentives and liquidity, and the remainder for the team, advisors, and early investors. 10.43% will be unlocked on the TGE to ensure initial liquidity, while the remaining portion will be unlocked linearly following a cliff+ schedule to ensure long-term stability.
As the core certificate of the network, $GOATED can be used for staking to increase returns, incentivize developers and users, enhance node ranking rights, and grant holders governance rights, becoming a key driving force of the GOAT Network ecosystem.
