GOAT Network, a Bitcoin layer-2 solution, is gearing up to enable dogecoin (DOGE) holders to stake their tokens for BTC-based fixed yields, while also hinting at future memecoin-focused financial tools that could unlock even higher returns for DOGE users.

Currently, GOAT allows BTC staking for network rewards, but the upcoming launch of its mainnet will introduce a wide array of DeFi opportunities, including lending and trading, all designed to let participants retain ownership of their crypto assets.

The decision to include DOGE reflects both its robust community and the coin’s momentum, bolstered by its association with the Department of Government Efficiency (D.O.G.E.) and recent viral attention. DOGE prices have soared over 100% in the past month, thanks to renewed hype and high-profile endorsements.

“Dogecoin has proven itself as a true community-driven cryptocurrency, and integrating it with GOAT’s ecosystem creates a powerful synergy,” the team said. “This allows DOGE holders to turn volatility into opportunity, earning Bitcoin rewards without parting with their tokens.”

The rise of Bitcoin DeFi has been dramatic, with the total value locked (TVL) in the sector surpassing $4 billion, up from under $1 billion just a month ago, per DefiLlama. The GOAT Network aims to ride this wave by expanding its ecosystem to cater to both BTC maximalists and DOGE enthusiasts.

GOAT’s architecture relies on a sequencer system that processes transactions off-chain before submitting them to the Bitcoin blockchain for finalization. Node operators must lock a minimum of 100 BTC to participate directly, but smaller players can still link their assets to sequencers, earning rewards and contributing to network security.