GOAT Chain

Under development

After several upsurges in Metaverse, DeFi, NFT, and GameFi, the market has higher requirements and demands for public chains.

GOAT Chain is a public chain to solve the actual needs of METAVERSE and Gamefi. It came into being. Starting from GOAT ecological business, it explores the infinite space of the digital world.

In the development of GOAT Chain, three main problems will be solved:

1.Support complex business processes and diversified assets on the chain

The blockchain market is still in its infancy. The existing Ethereum public chain is not a public chain for complex businesses. It faces great problems in business process processing and throughput, and "changing tires at high speeds" The development of ETH2.0 faces various problems. To this end, GOAT Chain will develop a new type of token contract to support complex business processes and diversified asset types. Based on the application expansion and continuous economic value of GOAT Finance, it solves many problems in the complex business process of more meta-universe projects and GameFi projects. GOAT Chain takes GOAT Finance’s existing ecological business as the carrier and main direction, and expands more A wide range of business scenarios.

2.Fully support the clearing and settlement of asset transactions

GOAT Chain will solve the problem that assets cannot be effectively chained in specific application scenarios through trading on the chain. Based on GOAT Finance's exploration and application exploration in the fields of Metaverse and GameFi, GOAT Chain will introduce cutting-edge application technologies in related fields in its architecture, and integrate dual-chain integration and cross-chain bridges into the public chain design. In the dual chain, the transaction chain is responsible for transaction clearing and settlement, pursuing faster transaction speed, higher frequency and lower handling fees; the contract chain supports complex applications such as financial contracts and business contracts. GOAT Chain will learn from the business model of the traditional financial market, provide infrastructure for diversified needs, and provide accurate demand matching for diverse market participants.

3.GOAT Chain on-chain governance

The healthy development of GOAT Chain is inseparable from the governance of the community. GOAT Chain elects super nodes by means of negotiation and voting by all token holders; establishes a "community charter" to practice the blockchain governance concept of "code is law".

In the ecology of GOAT Chain, it mainly focuses on four aspects:

1. The public chain ecology with GOAT Chain as the core is a DPOS decentralized blockchain public network based on the GOAT protocol. It is fully compatible with the Ethereum network and is the core part of the ecology. Users can use GOAT Chain to complete various functions such as token asset issuance, DAPP deployment and operation, node pledge, and asset transfer. Since the blockchain runs in a decentralized network environment, and the creation and storage of data does not depend on specific organizations and personal will, cryptographic technology ensures that the data on the chain is non-tamperable. Core applications include: wallets, browsers, testnets, node clients, oracles, NFTs, DAOs, smart contracts, bridges, anonymous trading tools and developer tools. Use official supporting contract development tools to realize one-click implementation of all basic functions and corresponding risk monitoring of the code automatic audit machine.

2. The Defi ecosystem with GOATswap and GOATLend as the core ecology, supports automatic transaction matching functions, supports decentralized transaction functions, and will use this as the core extension to develop machine gun pools, asset allocation and management, synthetic assets, and algorithmic stablecoins The functions of GUSD, pledge and deposit and lending constitute the GOAT Economic Building. The characteristics of this economic building are lower performance costs, lower transaction costs, more freedom, higher efficiency, and full realization of financial freedom.

3. With the help of decentralized non-standard asset exchanges, cross-chain transactions and pricing freedom of non-standard digital asset warrants represented by NFT, and anonymous transactions will be supported. Non-standard categories represented by NFT have irreplaceable features, including GameFi, Metaverse, NoID and other unique things or assets, such as the original Mona Lisa painting in NFT, ownership of a piece of land in Metaverse, pets or props in GameFi , NoID transactions.

4. With a licensed asset management trust as the guarantee of asset security, a cross-chain bridge for asynchronous communication between chains through cross-chain messaging, to realize the interconnection and intercommunication of assets between different chains. The cross-chain bridge provides the possibility of ecological cross-chain interaction for the blockchain outside the GOAT system. The projects in the GOAT ecosystem are fully compatible with Ethereum and have greater flexibility in the customization of blockchain network components. Through the native support for cross-chain, various applications can be built smoothly, even with greater flexibility compared to Ethereum . This category mainly includes cross-chain anchoring mainstream currencies (cross-chain BTC, cross-chain ETH, etc.) that do not need to be trusted, cross-chain projects that unify and transform inter-chain assets into targets in a decentralized manner, It is located in the transit bridge project and so on.