GOAT Network, an emerging Bitcoin layer-2 solution, will soon allow dogecoin (DOGE) holders to stake their tokens and earn BTC-based yields, with plans to roll out additional memecoin-focused financial tools aimed at delivering even greater returns for DOGE enthusiasts.
Having initially offered staking rewards for BTC holders, GOAT is expanding its ecosystem to include DOGE, enabling users to leverage their assets for decentralized finance (DeFi) opportunities such as lending and yield farming without giving up ownership.
DOGE’s meteoric rise—doubling in value over the past month due to a viral trade and its association with the U.S. Department of Government Efficiency (D.O.G.E.)—has positioned it as an ideal candidate for GOAT’s expansion. The network praised DOGE for its “enduring charm, robust community, and readiness for a transformative leap,” calling it a natural fit for its growing ecosystem.
“This integration allows Dogecoin holders to retain their tokens while benefiting from Bitcoin’s growing institutional adoption,” the GOAT team stated. “By earning BTC yields, DOGE investors gain exposure to the broader digital gold narrative, all while holding onto the community-driven asset they love.”
Bitcoin DeFi has seen exponential growth in recent months, with total value locked (TVL) soaring from $900 million to over $4 billion, according to DefiLlama. GOAT Network’s integration of DOGE aims to tap into this momentum while catering to the needs of retail and institutional investors alike.
The network operates on a sequencer system that batches transactions off-chain before settling them on Bitcoin’s main blockchain. While node operators require a minimum of 100 BTC to participate, smaller investors can link their DOGE or BTC to existing nodes, earning proportional rewards and contributing to the network’s functionality.