Despite its $2.3T+ marketcap, most $BTC sits idle, underutilized. GOAT Network is a Bitcoin-Native ZK Rollup delivering EVM compatibility and providing BTC-denominated yield, looking to make idle $BTC productive. Today, we've released a Perspective report on GOAT 👇
It's no secret that the majority of $BTC sits idle in wallets, treasuries & custodial silos. @GOATRollup proposes a technical solution to reframe $BTC utility as a productive resource, enabling DeFi synthetic asset issuance, rehypothecation, or custodial risks.
GOAT enables programmability and finality on the Bitcoin L1 with a stack combining: - zkVM - Ziren - BitVM2 - decentralized sequencer set - trust‐minimized bridging
Notably, all network rewards, including transaction fees, sequencer MEV & lending interest, are paid directly in $BTC. This yield is derived from economic activity taking place on GOAT Network using $BTC as the canonical asset for fees.
GOAT is designed to enable a flywheel on top of this $BTC-denominated yield: The more users deposit $BTC → the more activity flows through dApps → the higher the yield and MEV → the stronger the $BTC-denominated incentives → the more $BTC is drawn in.
While GOAT is Bitcoin-native at the security & settlement layer, its execution environment supports wrapped assets, stablecoins, & synthetic primitives. This enables composable DeFi apps including $BTC-backed lending markets, leverage vaults, structured products & more.
GOAT looks to differentiate itself vs other BTC L2s not with its tech alone but with its deliberate alignment with Bitcoin-native capital. By redistributing all protocol revenue in $BTC, GOAT offers a yield structure that suits balance-sheet allocators.
If you found this thread informative, our full-length @GOATRollup Perspective report explores GOAT's architecture & mechanism design, the BTCFi flywheel, macro tailwinds for $BTC & more. Access here 👇
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