🚀 GOAT NETWORK and the birth of the first real Bitcoin L2 with BitVM2
Bitcoin is entering a new phase. For years, the main limit was clear: scalability without sacrificing security or decentralization. Today, thanks to BitVM2, we are starting to see real solutions that respect Bitcoin's base layer without resorting to custodial models.
GOAT Network is building a Bitcoin-native rollup, allowing: Trust-minimized BTC ⇄ L2 bridges EVM execution on Bitcoin security Real infrastructure for Bitcoin DeFi (BTCFi)
This advancement opens the door to: → collateralized loans in BTC → native money markets → financial derivatives on Bitcoin → capital efficiency without custodians They are currently running their Genesis Pioneer Program, inviting users to test the cross-chain bridge and validate the critical infrastructure of the system.
Bitcoin does not need to copy Ethereum. It needs its own infrastructure, aligned with its philosophy.
#BitVMX developed by #FairgateLabs and #RootstockLabs marks a turning point in how Bitcoin can support complex computations, unlocking a new level of functionality for decentralized applications (dApps), decentralized finance (DeFi), and ZKP verification
It provides the foundation to run any CPU on Bitcoin, with a particular focus on implementing a processor compatible with the RISC-V architecture, programmable using standard compilation tools.
Read the full thread below⤵️
Copy and paste the link: https://x.com/BTCLegosi/status/1879152726816530644?t=oIO9Fgnz_28m7kjmvpvpkQ&s=19
1/ We now have 35,922 users accumulating Spice Points. From 1,387 users in Season 1, we quickly grew to 13,483 in Season 2, and now we celebrate this incredible expansion in Season 3.
🚀2/ How do we celebrate this achievement with our community? With significant rewards in SPICE: 1️⃣ 3.75M SPICE for the LPs of DOG/wBTC and DOG/POWA, with rewards already distributed for LPs from the first week.
3/ 2️⃣ 216.6M SPICE distributed among our liquidity providers and stakers between October 22 and October 30. 3️⃣ 150M additional SPICE for our loyal voters, liquidity providers, and stakers, as part of a special bonus for Season 3!
4/ 🎁 Bonus Details: ● 50M SPICE from Sovryn and Segment Finance for voters who supported both platforms. ● 20M SPICE for Sovryn voters, 20M for LPs and stakers, and 10M for everyone who voted, even with low or 0 VP.
5/ 📊 User Statistics: In this vote, 25,039 voters of diverse voting influence participated. Since the beginning of Season 3, we have distributed 1.9B SPICE to 35,174 users.
6/ From Season 1 to today, we have reached a total of 11 billion Spice Points distributed among 35,922 users, with an average of 306,539 SPICE per user! 🔥
7/ 🙌 We deeply appreciate our incredible community for their continued support. Sovryn remains the best place to earn SPICE in BOB, all thanks to you! Let's continue building, voting, and growing this community together. ⬇️ #DeFi #Bitcoin $BTC