The discussion about Bitcoin L2 has indeed heated up recently, especially as many are looking for ways to utilize Bitcoin without relinquishing custody. I noticed that GOAT Network @GOATRollup, based on BitVM2, is reportedly 90% through its testing phase, and the mainnet seems to be coming soon; it feels like the entire project is on point with its timing. GOAT Network is a native ZK Rollup on Bitcoin, with a straightforward goal: to generate returns from the Bitcoin you have sitting idle. It doesn't rely on an inflation model by issuing new coins, but instead turns real on-chain activities, such as gas fees and MEV sharing, into sources of income. Some team members have previously participated in ZKM and BitVM research, and they have been focused on this since mid-2024, with a core idea centered around self-custody and real returns. In the recent updates from GOAT, I found several points quite impressive. One is on the technical side; they are using the BitVM2-GC solution, which, according to a report from ZK House at the end of the year, can reduce the cost of fraud proofs to extremely low levels, making it about a thousand times cheaper than traditional models. This means that even during network congestion and high fees, dispute resolution remains feasible, ensuring greater security. Another point is that they have amassed over 113,000 followers, maintaining good on-chain activity, and their community incentives focus more on actual participation rather than just hype. On the product side, they have brought real users in through pilot projects with partners like Ditobanx, currently offering native #BTC returns of about 1.5% to 8%. They also have a product called Safebox, which is a fixed-term yield scheme aimed at institutional users. Additionally, their native bridging for deposits can be completed in about 10 to 15 minutes, and after integrating with lending protocols like Avalon, users can also engage in circular holdings, with recent feedback indicating a potential annualized return of 8% to 11%. In terms of sequencer design, they have shifted to a multi-operator rotation sorting and are using the Bitcoin network to execute a penalty mechanism, clearly aimed at reducing single points of failure—especially as the locked amount increases and network stability becomes more critical. The flow of returns is also very clear, coming directly from protocol income and then distributed to stakers or Safebox holders. The zkMIPS they are using ensures EVM compatibility, so developers and users should find it accessible, complemented by BitVM2 for a minimal trust cross-chain bridge and withdrawals, making the entire tech stack appear both innovative and user-friendly. #GOAT Network clearly aims to create a practical L2 for Bitcoin holders. It is not satisfied with just having people hold their coins; instead, it seeks to find ways to get Bitcoin moving within the on-chain economy, while aligning the profit model with the long-term interests of miners. If in the coming year they can successfully advance the BitVM mainnet and attract more institutional funds, Bitcoin could very well become more than just a simple store of value; it might truly evolve into a solid foundation for an on-chain economy. I think this direction has great potential and is worth following closely. #LFGOAT 🐐 #GOATNetwork #GOATRollup #BTCFi #GOATED $GOATED