We are delighted to announce a strategic partnership between @GOATRollup and @AvalonFinance_!
#Bitcoin has long been valued as a store of wealth, but its yield opportunities have been limited. GOAT Network aims to change that by offering sustainable yield through decentralized sequencers, creating an open market for earning revenue in
#BTC on GOAT’s Bitcoin Layer 2 network.GOAT's unique economics model provides real BTC rewards for all users who lock BTC into GOAT sequencer nodes. Since GOAT’s wrapped version of BTC is also the network’s gas token, a virtuous loop is created, whereby the more transactions that occur on the network, the more gas fees are generated in BTC, and thus the more BTC rewards are accrued by users who locked their BTC in GOAT sequencers. No other Bitcoin L2 has introduced that kind of sustainable BTC yield model.Avalon Labs, a leading hub for BTC LSDFi and CeDeFi lending, offers seamless borrowing of stablecoins at rates starting as low as 8%. Their platform is renowned for its robust security measures and user-friendly interface, making it a preferred choice for crypto enthusiasts. The partnership of GOAT Network and Avalon Labs brings increased liquidity and financial flexibility to our community, unlocking new opportunities for growth and investment.To enhance GOAT Network’s sustainable BTC yield model, we’ve partnered with Avalon Labs to enable GOAT users to leverage their goatBTC and borrow against it using Avalon’s advanced lending platform. Avalon’s platform will also enable integration with dynamic BTC LST protocols on GOAT. Stay tuned for more updates, as Avalon Labs prepares for integration with GOAT Network testnet (launching in August 2024) and GOAT Network mainnet (Q4 2024). And stay tuned for more GOAT Network BTCfi partnership announcements, as we prepare to launch the most GOATed BTC L2.
