GOAT Network, which provides Bitcoin-based solutions using zkRollup technology, has announced the accumulation of 34 BTC to support its ecosystem.
Strategic Reserve of GOAT Network
GOAT Network revealed its reserve of 34 BTC, accumulated over the past year, to support its ecosystem. This is the first instance in the Bitcoin Layer 2 network where a project allocates its own BTC treasury for ecosystem incentives.
Ecosystem and Liquidity Incentives Initiative
The fund is aimed at accelerating sustainable development of Bitcoin-based zkRollup applications. The team has already deployed over 2 BTC as user rewards. Initiatives include tasks for developers and users, promoting ecosystem growth.
Future of GOAT Network and Bitcoin Layer 2
GOAT Network anticipates accelerated growth with the launch of its alpha mainnet and expansion of partnerships. A full Ecosystem Development Fund is set to launch in 2025, alongside further technology developments that enhance Bitcoin's capabilities.
GOAT Network continues to enhance its offerings, initiating the creation of a sustainable ecosystem for Bitcoin users while launching new innovations and initiatives.
