Goat.TechTransforming Web3 Finance: The Power of Onchain Scoring Infrastructure
The DeFi landscape faces substantial challenges in financial leverage and asset utilization. Recent data shows the ratio of Total Value Locked (TVL) to Total Value Bridged for top Layer 2 solutions is only 20%. Specifically, Arbitrum has a TVL ratio of 16.24% while Manta is at 7.19%. These inefficiencies indicate significant underutilization of assets in Web3. Goat.Tech’s Onchain Scoring Infrastructure aims to address these inefficiencies by enhancing trust, optimizing asset deployment, and s...
Goat.TechGOAT to Mainnet: #5 $GOAT Token: Empowering the Goat.Tech Ecosystem
Goat.Tech’s ecosystem operates on its proprietary token, $GOAT. This token plays a crucial role in the ecosystem by offering unique functionalities and promoting sustainability. The $GOAT token has various uses within the Goat.Tech ecosystem and possesses all the qualities for Up-only trend.$GOAT UtilitiesWhat is $GOAT for?Lock: $GOAT has to be locked to utilizeBoost: Increase your Trust Score by staking $GOAT tokens, unlocking higher earning potential within Goat.Tech.Higher Trust Score yiel...
Goat.TechGOAT to Mainnet: #1 What is Goat.Tech?
The Problem of Anonymity and Lack of Trust in Web3In the world of Web3, where blockchain transactions happen anonymously, trust is a big issue. On one hand, anonymity keeps your information safe, but on the other hand, it lets bad people take advantage of others. Since everything happens behind a screen, reputations can be destroyed in seconds. Bad actors hide in the shadows, tricking people and abusing their trust. This begs the question: “Who can we trust to continue building, investing, or...
Goat.Tech is First Gamified On-chain Reputation with Native Yield Stake ETH to validate trust, earn yields, build & monetize Reputation
Goat.TechTransforming Web3 Finance: The Power of Onchain Scoring Infrastructure
The DeFi landscape faces substantial challenges in financial leverage and asset utilization. Recent data shows the ratio of Total Value Locked (TVL) to Total Value Bridged for top Layer 2 solutions is only 20%. Specifically, Arbitrum has a TVL ratio of 16.24% while Manta is at 7.19%. These inefficiencies indicate significant underutilization of assets in Web3. Goat.Tech’s Onchain Scoring Infrastructure aims to address these inefficiencies by enhancing trust, optimizing asset deployment, and s...
Goat.TechGOAT to Mainnet: #5 $GOAT Token: Empowering the Goat.Tech Ecosystem
Goat.Tech’s ecosystem operates on its proprietary token, $GOAT. This token plays a crucial role in the ecosystem by offering unique functionalities and promoting sustainability. The $GOAT token has various uses within the Goat.Tech ecosystem and possesses all the qualities for Up-only trend.$GOAT UtilitiesWhat is $GOAT for?Lock: $GOAT has to be locked to utilizeBoost: Increase your Trust Score by staking $GOAT tokens, unlocking higher earning potential within Goat.Tech.Higher Trust Score yiel...
Goat.TechGOAT to Mainnet: #1 What is Goat.Tech?
The Problem of Anonymity and Lack of Trust in Web3In the world of Web3, where blockchain transactions happen anonymously, trust is a big issue. On one hand, anonymity keeps your information safe, but on the other hand, it lets bad people take advantage of others. Since everything happens behind a screen, reputations can be destroyed in seconds. Bad actors hide in the shadows, tricking people and abusing their trust. This begs the question: “Who can we trust to continue building, investing, or...
Goat.Tech is First Gamified On-chain Reputation with Native Yield Stake ETH to validate trust, earn yields, build & monetize Reputation
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In the dynamic and rapidly evolving landscape of decentralized finance (DeFi), the safety and control of users' funds is of critical importance. With the increasing popularity of DeFi, there is a growing need for reliable security measures that protect users' assets while also providing them with full control over their funds.
Responding to this need, Goat.Tech is pioneering an innovative solution - the Trustless Unstaking Mechanism with Double Protection. This mechanism provides two layers of protection for users' locked funds, ensuring maximum security and peace of mind.
In this article, we will explore how Goat.Tech's innovative approach ensures your funds are 'SAFU' (safe).
Goat.Tech has an extensive set of contract files and modules in place, each serving a unique purpose to uphold the security of the platform. There are 8 contract files in the "Contracts" folder and 10 contract files in the "Modules" folder, each carefully designed to prevent any unauthorized withdrawal or access to funds.
The Trustless Unstaking Mechanism with Double Protection is built mainly in the Controller contract and the Locker contract, each contributing to the protection and security of user funds. The Controller contract is an essential part of the core logic of the Goat.Tech platform. It grants admins the authority to manage protocol parameters to ensure smooth operation in response to new market conditions. On the other hand, the Locker contract serves as a secure storage hub for locked $ETH and $GOAT tokens, ensuring they are safe and inaccessible to unauthorized entities. Only the Controller contract can withdraw funds from the Locker contract, and only a user can approve the Controller contract to withdraw only his/her own funds. It's crucial to highlight that the Controller contract does not possess any function that would allow even system admin to withdraw funds from the Locker contract.
This two-tiered security measure gives users the confidence and assurance that their funds are safe and untouchable by anyone, including the pool owner and the developers of the protocol. The power to unstake staked funds rests solely and firmly in the hands of the users, thereby reinforcing the trustless nature of decentralized finance and demonstrating Goat.Tech's commitment to empowering users.
Goat.Tech commissioned a comprehensive audit by Cantina/Spearbit to further validate the system's safety. Cantina/Spearbit, known as a comprehensive solution for all security needs and a network of leading security researchers, has also audited world-class projects such as Blast, Eigen Layer, Optimism, among others. This thorough and comprehensive audit enlisted the expertise of almost 100 security researchers. The audit's findings were meticulously addressed, and all identified issues were successfully resolved, which is a testament to Goat.Tech's strong commitment to safety and security.
In conclusion, the Trustless Unstaking Mechanism with Double Protection offers users a secure, reliable, and user-friendly platform for their funds. It ingeniously combines innovative contract structures with a rigorous and transparent audit process to ensure the safety, control, and peace of mind of users concerning their assets, thus embodying the true spirit of decentralized finance.
Goat.Tech, 1st Onchain Reputation & Loyalty with Restaking Yield includes an ETH L2 and an ecosystem of reputation-related Dapps.
Goat Dapp: First Gamified Onchain Reputation Protocol that maximizes yields is a SocialFi game where users stake ETH to increase each other’s reputation (Trust Score, which can be “challenged"), earn rewards, and find out who is the GOAT (highest Trust Score).
Goat L2: First Restaking L2 for Onchain Reputation is the only L2 built on a unique combination of components that natively restake deposited ETH to earn you not just ETH staking yield but later also restaking rewards.
The only L2 that helps you maximize ETH yields while building your reputation and increasing your ETH balance.
Ecosystem: Wallets, Lending Protocols, Launchpads, etc. built on our Reputation Infra.
Here's a list of official Goat.Tech channels. To ensure security, always double-check the URLs before accessing them.
Website: https://goat.tech/
Twitter: https://twitter.com/goatxtech
Telegram Announcement: https://t.me/goatxtech
Telegram Group Chat: https://t.me/goatxtech_global
Discord: https://discord.com/invite/JSsWuPVVkV
LinkTree: https://linktr.ee/goatxtech
#GOATtoMainnet
In the dynamic and rapidly evolving landscape of decentralized finance (DeFi), the safety and control of users' funds is of critical importance. With the increasing popularity of DeFi, there is a growing need for reliable security measures that protect users' assets while also providing them with full control over their funds.
Responding to this need, Goat.Tech is pioneering an innovative solution - the Trustless Unstaking Mechanism with Double Protection. This mechanism provides two layers of protection for users' locked funds, ensuring maximum security and peace of mind.
In this article, we will explore how Goat.Tech's innovative approach ensures your funds are 'SAFU' (safe).
Goat.Tech has an extensive set of contract files and modules in place, each serving a unique purpose to uphold the security of the platform. There are 8 contract files in the "Contracts" folder and 10 contract files in the "Modules" folder, each carefully designed to prevent any unauthorized withdrawal or access to funds.
The Trustless Unstaking Mechanism with Double Protection is built mainly in the Controller contract and the Locker contract, each contributing to the protection and security of user funds. The Controller contract is an essential part of the core logic of the Goat.Tech platform. It grants admins the authority to manage protocol parameters to ensure smooth operation in response to new market conditions. On the other hand, the Locker contract serves as a secure storage hub for locked $ETH and $GOAT tokens, ensuring they are safe and inaccessible to unauthorized entities. Only the Controller contract can withdraw funds from the Locker contract, and only a user can approve the Controller contract to withdraw only his/her own funds. It's crucial to highlight that the Controller contract does not possess any function that would allow even system admin to withdraw funds from the Locker contract.
This two-tiered security measure gives users the confidence and assurance that their funds are safe and untouchable by anyone, including the pool owner and the developers of the protocol. The power to unstake staked funds rests solely and firmly in the hands of the users, thereby reinforcing the trustless nature of decentralized finance and demonstrating Goat.Tech's commitment to empowering users.
Goat.Tech commissioned a comprehensive audit by Cantina/Spearbit to further validate the system's safety. Cantina/Spearbit, known as a comprehensive solution for all security needs and a network of leading security researchers, has also audited world-class projects such as Blast, Eigen Layer, Optimism, among others. This thorough and comprehensive audit enlisted the expertise of almost 100 security researchers. The audit's findings were meticulously addressed, and all identified issues were successfully resolved, which is a testament to Goat.Tech's strong commitment to safety and security.
In conclusion, the Trustless Unstaking Mechanism with Double Protection offers users a secure, reliable, and user-friendly platform for their funds. It ingeniously combines innovative contract structures with a rigorous and transparent audit process to ensure the safety, control, and peace of mind of users concerning their assets, thus embodying the true spirit of decentralized finance.
Goat.Tech, 1st Onchain Reputation & Loyalty with Restaking Yield includes an ETH L2 and an ecosystem of reputation-related Dapps.
Goat Dapp: First Gamified Onchain Reputation Protocol that maximizes yields is a SocialFi game where users stake ETH to increase each other’s reputation (Trust Score, which can be “challenged"), earn rewards, and find out who is the GOAT (highest Trust Score).
Goat L2: First Restaking L2 for Onchain Reputation is the only L2 built on a unique combination of components that natively restake deposited ETH to earn you not just ETH staking yield but later also restaking rewards.
The only L2 that helps you maximize ETH yields while building your reputation and increasing your ETH balance.
Ecosystem: Wallets, Lending Protocols, Launchpads, etc. built on our Reputation Infra.
Here's a list of official Goat.Tech channels. To ensure security, always double-check the URLs before accessing them.
Website: https://goat.tech/
Twitter: https://twitter.com/goatxtech
Telegram Announcement: https://t.me/goatxtech
Telegram Group Chat: https://t.me/goatxtech_global
Discord: https://discord.com/invite/JSsWuPVVkV
LinkTree: https://linktr.ee/goatxtech
#GOATtoMainnet
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