Introducing GOAT Network: The New Financial Ecosystem for Bitcoin and Dogecoin Holders

This article will explain the core unique selling point (USP) of the GOAT Network project and why it's compelling for Bitcoin and Dogecoin holders.

Good afternoon, Kevin; I’d like to start our conversation by discussing GOAT Network’s core unique selling point (USP). Can you explain what makes the project compelling for Bitcoin and Dogecoin holders?

Thanks for having me on, I really appreciate it. So to start, GOAT Network is helping pioneer a completely new financial ecosystem for Bitcoin and Dogecoin holders where for the first time ever, we’re offering a decentralized platform where holders of both currencies can earn real, sustainable yield, paid in BTC.

Historically, investors have faced a difficult choice, i.e. either hold their crypto passively and miss out on yields, or risk them on centralized platforms with questionable security. GOAT changes this equation entirely thanks to our economic model that tokenizes sequencer revenues.

BTC and DOGE holders have largely been limited to just watching their assets appreciate over time, while Ethereum users have had access to a vast DeFi ecosystem. We’re bridging that gap!

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That sounds really interesting. Can you walk us through exactly how GOAT Network generates these sustainable yields?

Our approach starts with our decentralized sequencer and proof-of-stake (PoS) models. We invite external sequencer node operators to stake Bitcoin or Dogecoin in exchange for sharing both operational control and transaction revenue derived from the network. Individual users can then stake each of those assets into GOAT sequencers to earn yield as well.

The economic model works as follows. Transaction fees on the GOAT Network are paid in wrapped BTC, revenue for which is then collected by sequencer node operators and converted into a yield-bearing BTC token. This sum is then decomposed into a principal token and another yield-bearing token, similar to the model built by DeFi innovator Pendle.

The end result is that every transaction generates sustainable yields for both our node operators and everyday users. Users can acquire these yields either by locking their BTC, or BTCB and DOGEB from BNB Chain into a GOAT Network node, or by participating in one of our many BTCFi and MemeFi dApps.

Your Alpha Mainnet has recently launched. What opportunities does this open up?

Yes, our Alpha Mainnet is now live, and it’s a game-changer for both BTC and DOGE supporters as users of both currencies can immediately begin earning sustainable yields on their holdings. As part of our launch, we’ve introduced the One Piece Project, which gives users the chance to bridge native BTC, BTCB, or DOGE into GOAT Network, then mint soulbound NFTs, which are special types of NFT that cannot be transferred or traded but are instead tied to the user’s account. 

After bridging their funds, users can transact on our launch partner dApps including our top DEXes GOATSwap and Oku, and the liquid staking protocol Artemis. By transacting on these dApps from day one, users can collect GOAT Points, which can be redeemed for future token rewards.

This is significant as it represents a major departure from the one-time airdrop model that has historically disappointed many a crypto community — largely due to its pump and dump-ish nature. 

Instead, we’re focused on building sustainable utility and value for our users from day one.

Speaking of Dogecoin, GOAT Network has made major headlines by incorporating DOGE into its ecosystem. What was the primary driver behind such a decision?

The inclusion of Dogecoin was a strategic choice since it aligned with our company’s vision to become the “Home of The People’s Coins”. For starters, we recognized DOGE’s significant market presence – with its $25+ billion valuation – and its deeply decentralized nature as being major pluses. But beyond that, we also saw an opportunity to transform DOGE from a volatility-ridden meme-token you could only buy and hope it rises in value to an active, yield-generating asset.

Staying on this line of questioning, how do you see DOGE’s status evolving within GOAT Network, particularly in terms of MemeFi applications?

Looking ahead, we are in the process of bringing the concept of MemeFi to the mainstream, such that DOGE and other prominent meme tokens will be able to participate in various DeFi activities — all while maintaining their unique cultural nature.

To elaborate, through our platform, DOGE holders will be able to access sophisticated DeFi tools like Avalon Finance for borrowing/lending, GOATSwap for trading, as well as various other applications that stand to emerge once our public mainnet launches later this year.

Let’s talk about the technology behind GOAT Network. How does your BitVM2 integration enhance the security and functionality of the platform?

Our approach addresses several critical challenges that previous solutions couldn’t solve. Firstly, we’re building a BitVM2-powered architecture that will enable direct verification through Bitcoin’s native script, allowing us to inherit native Bitcoin security.

We’re also building the first dual-slashing model for a Bitcoin ecosystem chain, combining BTC’s verification layer slashing mechanism with GOAT’s