BlockBeats News, September 24th. Bitcoin-native ZK Rollup GOAT Network announced the establishment of a foundation and will release the GOATED token. The total supply of GOATED is 1 billion, with 39.42% allocated to mining pool rewards (covering incentives for roles such as Sequencer, Prover, Challenger), 7% for airdrops, 15% for treasury to support ecosystem incentives and liquidity, 15.58% for early supporters, and 23% for the team and advisors. GOATED can be staked to enhance yield, incentivize developers and users, boost node ranking power, and grant governance rights to holders.
GOAT Network is a Bitcoin-native zkRollup that builds a sustainable revenue model through gas fees, MEV, and miner rewards, avoiding reliance on inflationary tokens. The GOAT Foundation will act as a coordinator to ensure smooth execution of ZK proof verification and role rotation mechanisms, making revenue distribution transparent and equitable.
