GOAT, this Bitcoin L2, is redefining on-chain economic distribution 🐐
Recent data from the GOAT chain has drawn attention: as a Layer 2 network fully settled in BTC, its unique revenue distribution mechanism is injecting a new paradigm into the Bitcoin ecosystem.
🔍 Key Highlights:
• Pure BTC Settlement Layer: All on-chain transactions are mandated to use Bitcoin for settlement, eliminating multi-token mixing
• Revenue Flywheel Effect: BTC income generated from transactions is triple-distributed (to node operators + stakers + network security maintainers)
• Real Data Support: With a daily transaction volume exceeding 100,000 and in a continuous growth phase, a sustainable SATS circular economy has been established.
💡 Industry Significance:
While most L2s still rely on token subsidies, the GOAT chain has built a closed-loop incentive system using Bitcoin's native asset. This "using BTC to sustain BTC" model may provide new solutions for the sustainable development of Bitcoin Layer 2.
📊 On-chain data shows that the @GOATRollup staking APY is significantly positively correlated with transaction volume, making this market-driven distribution method worth ongoing tracking.
#BitcoinL2 #Cryptoeconomics #GOAT #goatnetwork
GM GOATs!
Did you know that...
...all transactions on GOAT are paid in BTC
...and that we share that BTC revenue with the sequencers who help run our network, and everyone who stakes their BTC to secure our network?
With more than 100K tx per day (and climbing), we're stacking Sats for all!
21.71K
27
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.