GOAT Network, the layer-2 of Bitcoin, has announced that soon Dogecoin users will be able to stake their DOGE to earn their fixed returns in BTC.
GOAT Network: the bitcoin layer-2 allows staking DOGE and earning in BTC
GOAT Network has announced that it will allow users to earn their fixed returns in BTC by staking in addition to Bitcoin, also the memecoin Dogecoin (DOGE).
BTC and DOGE – two journeys, one essence.
Both started as memes, evolved into movements, and became The People's Coins.
Now, they evolve again.
Read our vision for uniting these communities and bringing sustainable yield to both:https://t.co/K51Z4gycn4 pic.twitter.com/PAPHYjtSMJ
— GOAT Network🟡 (@GOATRollup) November 27, 2024
In practice, GOAT Network, the layer 2 of Bitcoin wants to expand its reach to DOGE holders, offering them the same advantages as BTC holders.
At the moment, the launch date of the GOAT Network mainnet has not yet been officially announced.
In the meantime, however, the layer 2 states that anyone will be able to provide DOGE in one of its sequencer nodes, earning a sustainable yield payable in BTC, just like anyone will be able to provide BTC and earn BTC.
GOAT Network: the bitcoin layer 2 aims to provide greater gains even to holders of DOG
We współpracy z: https://en.cryptonomist.ch/2024/11/28/goat-network-the-bitcoin-layer-2-allows-obtaining-btc-returns-even-on-doge/