Exploring GOAT Network

To make onboarding to GOAT Network easy, the team has introduced its “One Piece Project” at OnePiece.GOAT.network. Through One Piece, users can earn points toward a future GOAT airdrop, while leveling up their on-chain persona and uplifting other community members – as the more transactions that occur on GOAT Network, the higher the BTC yield for all.

Here’s how One Piece works:

STEP 1: Bridge assets into GOAT Network and mint a limited-version NFT

You can use any of the following crypto wallets to bridge into GOAT Network and use GOAT dApps:

BTC wallets: Unisat, OKX, Phantom, OneKey, Bitget

EVM wallets: MetaMask, OKX, Bitget, imToken, OneKey, WalletConnect, Trust, CoinBase, RobinHood

For BTC: Bridge BTC from Bitcoin mainnet to GOAT Network or bridge BTCB from BCB Chain. Use bridge.goat.network

For DOGE: Bridge DOGE from BNB Chain to GOAT Network

For USDT/USDC/ETH, and other non-BTC and non-DOGE assets: Use Stargate.finance

STEP 2: Lock BTC or DOGE with Artemis Finance (https://artemisfinance.io/stake-goat) into GOAT Sequencers to earn real and sustainable yield in BTC and GOAT Points.

STEP 3: Go to bridge.goat.network, connect a wallet, bridge BTC in, and start earning with the following Day 1 Launch dApps:

GOATSwap: GOAT Network’s do-it-all DEX. Swap BTC with DOGE, stables, and other assets. Lofty yields for providing liquidity, farming, and more. GOATSwap also features a meme launchpad which lets anyone launch their best ideas, with a King of the Hill promotion that rewards top users every 15 minutes. goatswap.fi

Oku: Many institutional investors crave the security and reputation of Uniswap, the industry-leading OG DEX. Through Oku, GOAT Network now has its own verified Uniswap deployment, officially approved by Uniswap Governance. Oku is a seamless deployment of Uniswap v3, bringing that robust concentrated liquidity model to GOAT Network. Oku.trade

Artemis Finance: Artemis Finance serves as the liquidity staking HUB on GOAT Network. Stake your BTC into a GOAT Network sequencer using Artemis, earn LST receipt tokens, then put them to work on other BTCFi dApps across the GOAT Network ecosystem. artemisfinance.io

Other notable dApps on GOAT Network include:

GOATible: Launched in partnership with industry-leading NFT marketplace Rarible, GOATible is GOAT Network’s nexus for on-chain NFT activity. On GOATible, users can speculate on the sold out “Happy Birthday” collection (launched in honor of well-known DJ and recent GOAT Network Web3 Festival event guest DJ Soda), original digital art by an array of up-of-coming creators, and One Piece Project NFTs, which let users speculate on the magnitude of GOAT Network’s future airdrop rewards. GOATible.io

Avalon Finance: The omnichain liquidity hub for BTCFi that is available on GOAT Network. The protocol enables lending and borrowing on the GOAT Network, laying the Bitcoin Layer-2’s DeFi base. Avalon is also preparing for the launch of its own native stablecoin, USDA. Avalonfinance.xyz

Stable Jack: DeFi has grown more sophisticated recently, giving power users opportunities to boost their yield-seeking potential. Stable Jack launches on GOAT Network as a cutting-edge yield and volatility marketplace for BTCFi. If your journey into the GOAT ecosystem starts by bridging in and then swapping on GOATSwap, Stable Jack provides the path to unlocking more. Stablejack.xyz

To support GOAT Network’s quest to become a full-fledged DeFi hub on Bitcoin, it’s also adding numerous other BTCFi, MemeFi, and infrastructure partners to its growing ecosystem. Also going live are: Bitcoin restaking protocol Pell, essential dev tools such as Safe multisig wallet, subgraphs from The Graphand a canonical messaging and liquidity layer powered by LayerZero and Stargate Finance.

GOAT Network began building in 2024, with the intent to provide sustainable yield to BTC holders, without sacrificing the top-notch security of the Bitcoin network. GOAT’s aim is to transform BTC from a mostly passive asset to an active, yield-bearing asset.

It does so through a unique economic model, which combines GOAT’s unique decentralized sequencer architecture with a BTC bond market, tokenizing revenue from those decentralized sequencers and creating new yield opportunities for Bitcoin holders. (Read about GOAT’s economic model here: GOAT.network/econpaper)

In November 2024, GOAT Network added DOGE to sit alongside BTC as a yield-bearing asset on its chain. As home of “The People’s Coins”, GOAT Network gives DOGE holders an opportunity to take their favorite memecoin and make real BTC yield from it (rather than simply holding it).

GOAT’s Pre-A investment round in November 2023 was led by OKX Ventures, with Crypto.com, Polygon Ventures, Amber Group, and the Metis Foundation also taking part.

GOAT Network’s alpha mainnet launch comes following a strong 2024 for the Bitcoin ecosystem.

Total value locked (TVL) on Bitcoin surged by more than 2000% in 2024, reaching $7 billion by the end of the year, compared to just $300 million in January 2024. DeFi hubs, stablecoins, and performant layers such as GOAT are likely to help contribute to the growing trend of DeFi on Bitcoin.

Bitcoin TVL - DeFiLlama

GOAT Network’s roadmap includes contributing to the Entangled Rollup framework - connecting various Layer 1 and Layer 2 networks through ZKM’s infrastructure to promote a trustless and permissionless state in a decentralized environment.

By operating over the Entangled Rollup Network, GOAT will benefit from unified native liquidity, which promotes scalability, liquidity stability and high yields, as well as direct asset pegging for network asset security.

The network is also developing its BitVM2 stack, which will be used to power the network’s native bridge before the end of 2025. This integration will allow GOAT to fully inherit Bitcoin’s native security. Users who want to track GOAT Network’s BitVM progress in addition to staking and other DeFi activities can check out GOAT’s BitVM2 Playground.