With BTC exploding past $100,000 and Bitcoin DeFi interest surging, Bitcoin Layer 2 GOAT Network has launched its “Early GOAT” Pre-Mining campaign, giving both BTC and DOGE holders the ability to earn attractive BTC mining rewards.
Mining rewards for the Early GOAT campaign will exceed 30% MRR (Mining Rewards Rate), payable in BTC, and GOAT points.
Here’s how it works:
Users may go to premining.GOAT.network and choose either the BTC pool or the DOGE pool. The BTC pool is now live on the Bitcoin Layer 1 network, while the DOGE pool is live on BNB Chain. For the sake of user simplicity however, users can simply visit premining.GOAT.network and contribute to either or both pools directly on the GOAT website.
The caps for the Early GOAT pools will be 20 BTC and 5 million DOGE tokens, creating a limited-time opportunity to earn boosted Mining Rewards in BTC as part of this campaign.
The aim of the Early GOAT campaign is to get BTC and DOGE holders ready for GOAT Network alpha mainnet launch, which will happen in Q1 2025, soon after the start of the new year.
This month, GOAT will become the first Bitcoin Layer 2 network to launch with multiple sequencer nodes, with gradual expansion into its public mainnet launch in Q1 2025. Once GOAT Network alpha mainnet launches, users will be able to supply either DOGE or BTC into one of those sequencer nodes, a unique approach that makes it possible for both of these seminal tokens to be used to secure the network, while earning rewards in BTC.
A dynamic and rapidly growing roster of BTCFi and MemeFi dApps will enable users to add to their BTC rewards, through a variety of different DeFi use cases.
While the crypto market has celebrated BTC’s meteoric recent gains, BTCFi has begun to gain traction as one of the most exciting new developments in the broader crypto industry.
GOAT Network recently gained top-tier recognition for taking BTCFi to the next level, introducing the concept of dual-staking both BTC and DOGE to earn BTC mining rewards. That announcement came on the heels of GOAT launching its public testnet and Founders Club, a program designed to empower innovators to contribute to GOAT Network’s development, with the boldest ideas earning the opportunity to share ecosystem rewards.
Underpinning those developments is GOAT Network’s one-of-a-kind sustainable BTC yield model, one which doubles as a new way for Bitcoin Layer 2 networks to achieve higher levels of decentralization, via decentralized sequencers.
Under this model, anyone can help execute transactions and secure the network by locking up their BTC and DOGE securely on L1 itself. In exchange, participants earn sustainable revenue, rewarded in BTC.
All of the above starts with the Early GOAT campaign, which is now live. Get your BTC and DOGE ready, visit premining.GOAT.network, and start earning your 30%+ mining rewards rate today.
