Introduction
Recently, the market has been booming, with Bitcoin repeatedly breaking ATH, and Ethereum leading many altcoins to surge. The airdrop community has seen many projects start airdropping in response to the bull market, rushing to issue tokens for redemption while the market is doing well. The BTC L2 project GOAT, introduced by the author earlier this year, has recently welcomed its final season of point activities.
In this article, the author will detail the features of the Goat project, financing, and team background, explain the participation methods for Goat One Piece point tasks, and provide readers with an overview of the current participation opportunities in the S3 final season of point tasks, offering the most cost-effective way to board the GOAT airdrop train for the last chance.
What is GOAT Network?
GOAT Network is a BTC L2 blockchain that provides sustainable income, expanding Bitcoin speed and cost limitations through advanced technologies like BitVM2 and zkVM. It is also the first project to use a multi-currency PoS decentralized sequencer.
GOAT specializes in turning assets from passive holders like BTC into active income, releasing the economic potential of assets while assisting node operators in protecting the network, and earning revenue from BTC block production, transaction ordering, and MEV opportunities.
"GOAT Network is the first Bitcoin L2 network to decentralize its sequencer to share network ownership and fees. What sets GOAT apart is that it allows the entire community to lock their BTC into sequencer nodes and earn sustainable revenue."
GOAT revenue model
GOAT Network officials stated that they have received commitments of over 5000 BTC from more than 5 node operators to ensure sufficient liquidity to support their BTC earnings and DeFi ecosystem, emphasizing the reduced reliance on altcoins for real BTC earnings, attracting many loyal BTC holders to participate.
GOAT's revenue sources include BTC Gas fees, GOAT mining rewards, and yBTC revenue token interest, etc. Users can earn BTC through staking and share in future $GOATED token airdrops, aiming to create a sustainable income BTC zkRollup to address the financialization expansion needs of BTC.
GOAT Network financing & team background
GOAT is developed by its parent company ZKM, which has previously successfully incubated the Ethereum scaling solution Metis, achieving over 200 times significant returns, showing that team members have rich experience in blockchain projects. ZKM will fully support GOAT's development and provide a solid foundation for its technology implementation and market promotion.
ZKM raised $5 million in the Pre-A round for GOAT at the end of 2023, with investors including well-known venture capital firms such as OKX Ventures, Amber Group, and Polygon Ventures. They also announced a new A round of financing is forthcoming, expecting to raise $5 million with a total valuation of $100 million, demonstrating strong institutional confidence.
GOAT token economics
According to the latest announcement from GOAT Network, the total supply of GOAT tokens is 1 billion, of which 49% will be allocated to community contributors, with detailed allocations as follows:
Mining 42% (420 million) - reserved for sequencer mining and community mining, used to reward node operators and participants who lock Bitcoin in the network, providing sustainable revenue.
Airdrop 6% (60 million) - allocated for point airdrop activities, used to reward community members, complementing the One Piece activities.
Social contribution 1% (10 million) - allocated for KOL social promotion, used for promotion and community influence.
Remaining allocation: 51% (510 million) - used for other purposes such as team and investor allocations, but specific details have not yet been disclosed.
GOAT One Piece point airdrop
The aforementioned token economics indicate that GOAT will allocate 6% of the total token supply to early participants. The One Piece point activity launched by GOAT mid-year is the main channel for obtaining GOAT token airdrops. The One Piece point activity will be divided into three seasons, and these points can be redeemed for token airdrops in the future.
Currently, One Piece S3 will conclude in early September. The earlier participants will find it easier to earn points. The interaction content includes zero-cost daily social interactions, low-cost cross-chain participation, trading, and mini-games, as well as a 1% total token airdrop given by Kaito. Don't miss the social interaction either. The following will detail the interaction process of One Piece S3.
GOAT One Piece S3 final season interaction process
The tasks for GOAT S3 final season will end on 8/22, which is the last opportunity to obtain GOAT airdrops. The task design balances zero-cost social interactions with low-cost on-chain interactions. The detailed interaction process is as follows:
Goat One Piece task page
1. Daily social zero cost
On the task page, the first thing you see is the social tasks. For the first interaction, you need to link your social accounts and complete simple social tasks like X and Discord. These tasks are updated daily, and you can check back each day for new social interactions to maximize zero-cost benefits.
2. On-chain regular interactions
GOAT has designed a series of low-cost on-chain interactions, with no upper limit on points earned based on interaction frequency. Users can interact according to their own cost tolerance. The main tasks are as follows:
GOAT Swap, Oku trading - each transaction can earn 100 points, but note that BTC/WGBTC is excluded.
GoatRocket mini-game - dog racing rocket game, participation requires a minimum of $2, earning 300 points per single event.
Cross-chain - a single cross-chain transaction of over 0.0002 BTC can earn 500 points (BTC to GOAT).
Satoshi sign-in - pay a small Gas fee to participate in Join Jackpot sign-in, earning 70 points per single event.
Avalon staking - stake assets in Avalon to earn LST, gaining more points based on the number of staking days, with 2.5 points per dollar of assets per day.
3. Kaito Yapper reward
GOAT is one of the popular projects for Kaito Pre-TGE, and the official has stated that it will airdrop 1% of the total token supply to Kaito Yapper. Users need to post high-quality tweets related to GOAT Network, and the official will allocate airdrop rewards based on the quality of the tweets and interaction volume. Don't miss this big opportunity for social users!
Recommended interaction strategies: must-do zero-cost and on-chain selections
In order to maximize One Piece S3 point earnings, the author suggests adopting the following strategies for interaction:
1. Zero-cost must-do:
Complete existing social tasks such as binding X and Discord, and complete social tasks daily to ensure the accumulation of zero-cost points every day.
2. On-chain selections:
After cross-chain, focus on selecting GOATswap and Oku tasks, both of which are trading-type tasks that require only small transaction fees to minimize losses, and have relatively lower risks compared to other tasks.
3. Diverse participation:
Different tasks such as Bridge and GoatRocket should be completed at least 1-2 times, enriching interaction types to meet diverse requirements while controlling costs.
Conclusion
GOAT Network, as the first model to adopt a decentralized sequencer, leverages its innovative BitVM2 and zkVM technologies not only to help nodes protect the network but also to earn actual revenue from block production, MEV, and other activities. GOAT Network has secured a place in the BTC L2 track.
Currently, the task difficulty for GOAT's One Piece S3 final season is not high, requiring only 10-20 minutes daily to complete, along with daily zero-cost social interactions. The author suggests following the recommended strategies for interaction to seize the last opportunity, and don't forget Kaito Yapper's reward, which allows you to ambush high-potential BTC L2 future airdrops at the lowest cost!
This report is for informational sharing purposes only. The content does not constitute any form of investment advice or decision basis. The data, analysis, and viewpoints cited in the text are based on the author's research and public sources, and may contain uncertainties or be subject to change at any time. Readers should make investment judgments cautiously based on their own circumstances and risk tolerance. For further guidance, it is recommended to seek professional advisory opinions.
