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Bitcoin Layer-2 GOAT Network Will Let Users Stake Dogecoin to Earn Crypto

Bitcoin layer-2 scaling project, GOAT Network, has announced that users will soon be able to stake Dogecoin to support the security of its network and earn crypto rewards. Users will accrue rewards in the form of Bitcoin and GOAT Network's planned token. The project aims to address Bitcoin's scalability and yield challenges, but concerns over its technical feasibility and promised returns have been raised. GOAT Network plans to accept assets from potential delegators starting on December 2, with a 30% mining rewards rate. The project claims to have a unique decentralized sequencer model for organizing and executing transactions.

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