GOAT Network Launches Alpha Mainnet: Unlocking Passive Income for Bitcoin and Dogecoin Holders

GOAT Network has officially launched its Alpha Mainnet.

This marks a significant milestone in the world of decentralized finance.

Sustainable Yield for BTC and DOGE

The GOAT Network Mainnet introduces a novel approach to earning yield on Bitcoin (BTC) and Dogecoin (DOGE).

It uses decentralized sequencers and a multi-coin Proof-of-Stake (PoS) system.

This transforms these traditionally passive assets into yield-generating ones.

GOAT Network utilizes a decentralized sequencer.

This facilitates the inclusion of transactions into batches.

External sequencer node operators can stake BTC or DOGE.

They earn a share of operational control and transaction revenue.

Everyday users can also lock their BTC and DOGE.

They earn the same annual Mining Rewards Rate as node operators.

The deposited BTC and DOGE power liquidity.

It’s on the GOAT Network’s decentralized financial market.

Transaction fees on GOAT Network are paid in wrapped BTC.

These fees are received by sequencer node operators.

They are converted into a yield-bearing BTC token.

This token is then decomposed into a principal token and a yield-bearing token.

This generates sustainable BTC yield for both operators and users.

To celebrate the launch, GOAT Network is running the One Piece Project.

Users can bridge native BTC, BTCB, or DOGE into GOAT Network.

They can mint a soulbound NFT.

Users can also earn GOAT Points by transacting on the dApps.

GOAT Network prioritizes security.

It uses the Bitcoin mainnet’s security.

They recently released a testnet version of BitVM2.

The public mainnet launch is planned for later this year.

A Token Generation Event (TGE) will occur in the first half of 2025.

GOAT Network is bridging the gap between Bitcoin and DeFi.

It’s advancing BTCFi.

It’s also pioneering MemeFi by enabling DOGE holders to earn yield.

This could attract significant retail and institutional attention.