The goat protocol launched in December 2023, after months of hard work, and the core infrastructure in place, the core team came together to reflect in our objectives for 2024 and 2025.

Below, you’ll find a tease of the products we are working on. We welcome thoughts and feedback. If you have any ideas, please join our Discord and share them!

2024 & 2025: Yield, yield for everyone

Our objective is to establish the Goat Protocol as the premier yield hub of Decentralized Finance (DeFi). Achieving this goal requires the protocol to be secure, user-friendly, and offer the highest yield possible.

• Security First: Our commitment to security is our top priority. All contracts developed by the Goat Protocol core team have been audited by external security researchers. In addition, we have built in-house tooling to continually monitor all contracts used by the protocol, ensuring they remain secure at all times.

• Lowest Fees in the market: Users can’t earn the best yield when they get charged a 10% or 20% fee on their earnings. To ensure users can maximize their earnings potential, the Goat Protocol charges a low and fair fee of 5% on all earnings. This means that if you earn $20, we’ll only take $1 as our fee, leaving you with $19 to keep.

• User experience: Our aim is to make DeFi accessible and user-friendly for everyone, regardless of their prior experience with cryptocurrency. By designing a seamless and intuitive interface, we strive to provide an enjoyable experience for all users.

In summary, the Goat Protocol’s primary objective is to create a secure, user-friendly platform that offers the highest yield possible while keeping fees low and fair. By prioritizing security, ease of use, and maximum earnings potential, we are committed to establishing the Goat Protocol as the go-to hub for DeFi yields.

Bitcoin Vault 🟠

Bitcoin is an amazing store of value, to not say THE BEST store of value, but its hard to get some extra yield on it. What if we could solve this issue? How does a 10%, 20% or even 30% yield on Bitcoin sound?

Deposit Bitcoin, earn Bitcoin, thats it.

Our aim is to launch the Bitcoin Vault Q2-Q3 2024.

Multistrategy 🔢

Currently, each vault within the Goat Protocol features an individual strategy that generates rewards by depositing funds onto another protocol. However, this approach has several drawbacks. Firstly, the underlying protocol can halt rewards at any time, forcing users to withdraw and deposit their assets into another vault to continue earning yield. Secondly, there is no guarantee of consistent returns, as the APY of each vault may fluctuate over time.

We may offer multiple vaults for the same asset, each with varying APYs. As a user, you seek the highest possible return on your assets, but you must choose which vault to deposit them in. The dilemma arises when the APY of a particular vault increases, leaving you with two options: withdraw and deposit into that vault, or do nothing, incurring a cost for every transaction.

To overcome these limitations, we are pleased to introduce Multistrategy Vaults. As the name suggests, this innovative solution involves depositing funds into multiple strategies simultaneously, providing greater flexibility and potential returns. By adding and removing strategies based on their performance, users can optimize their investment portfolio for maximum yield while minimizing risks.

Multistrategy Vaults will:

• Diversify your deposited assets across multiple strategies to reduce risk and increase returns.

• Monitor and adjust the weights of each strategy based on a variety of metrics, such as performance, trust of the underlying protocol, and total value locked in the underlying farm.

If a strategy stops receiving rewards, it will be removed and the funds deposited on the other strategies. This way, users will keep earning yield without doing anything.

Our aim is to launch the Multistrategy Vaults late 2024 or 2025.

API V2 🟢

Our API is responsible for calculating the Annual Percentage Yield (APY) and Total Value Locked (TVL) of our vaults. While it performs admirably, we believe there is untapped potential within it.

We are currently in the process of developing an enhanced version of the API, which will offer a more comprehensive set of service-oriented APIs. By holding GOA, users will be able to access additional benefits and enhance their overall user experience.

Let’s go cross-chain! 🔀

The Goat Protocol initially launched on Arbitrum, but we won’t stop there. We’re planning to launch on Optimism, Polygon, Base, Mainnet, and more.

GOA Airdrop 🪂

As stated in our Docs, there are 300,000 GOA allocated for protocol incentives. It’s time for the DAO to weigh in on how these funds should be allocated. The core team will draft a compelling proposal in the future, allowing GOA stakers to make an informed decision on how to utilize these incentives.

Remember that anyone with at least 1,000 GOA can write a proposal.

And more things…

We are currently developing additional products, which we will share with you in due course. To ensure that you are among the first to learn about their release, please follow us on Twitter and join our Discord community.