GOAT Network Alpha Mainnet Unlocks Sustainable BTC Yield
GOAT Network has officially launched its Alpha Mainnet, marking a significant step toward sustainable BTC yield generation. This launch introduces a BTC yield chain powered by Decentralized Sequencers and multi-coin Proof of Stake (PoS), aiming to enhance the utility of BTC and DOGE through an innovative economic model.
New Earning Mechanisms
With the Alpha Mainnet now live, users have multiple ways to participate in network security and earn rewards. By staking BTC (from Bitcoin Layer 1), BTCB (from BNB Chain), or DOGEB (from BNB Chain) into GOAT Sequencers, participants can receive BTC yield while contributing to the network’s stability.
GOAT Network seeks to address the limited use cases of BTC and DOGE by transforming these assets from passive holdings into actively utilized instruments within the decentralized finance (DeFi) ecosystem.
Ecosystem Development and Decentralized Applications
Revolutionizing Bitcoin Yield Opportunities and Sustainability (Source: Gate.io)
The launch of the mainnet also introduces a range of decentralized applications (dApps) designed to support swapping, farming, and yield generation. To encourage adoption and enhance user engagement, GOAT Network has initiated the One Piece Project, which allows users to bridge native BTC, BTCB, or DOGE into the network, mint a soulbound NFT, and participate in on-chain activities.
Participation Steps:
Incentive Structures of GOAT Network
Incentive Structures of GOAT Network (Source: GOAT Network)
To foster engagement, GOAT Network introduces two incentive mechanisms:
In short, the launch of GOAT Network’s Alpha Mainnet represents a step toward integrating BTC and DOGE into the DeFi landscape. By leveraging decentralized sequencers and a sustainable staking model, GOAT Network aims to create a more active and utility-driven ecosystem for digital assets.
