artBTC/artDOGEB/artBTCB -> BTC/DOGEB/BTCB

The most crucial aspect is that each artBTC, artDOGEB, or artBTCB can be exchanged for its corresponding underlying asset (BTC, DOGEB, or BTCB), as each liquid token is fully backed by an equal or greater amount of the original token locked in GoatNetwork’s Entangled Rollup protocol. These assets are staked in GoatNetwork’s decentralized sequencer pool to earn native Bitcoin-based rewards. Due to the protocol’s design, the process of exchanging artBTC, artDOGEB, or artBTCB back to their original assets will go through the following stages:

1. Pre-Launch Stage (Current stage): During this phase, users are temporarily not allowed to exchange artBTC, artDOGEB, or artBTCB for their underlying assets. Early participants in this stage will be recognized as early supporters and receive the most benefits.

2. D-Sequencer Stake Stage: In this stage, all BTC, DOGEB, and BTCB staked in Artemis on GoatNetwork will contribute to earning rewards in the decentralized sequencer pool. To ensure network stability during the initial launch, node operators are not allowed to unstake assets. However, Artemis will incentivize DeFi use cases, allowing holders of artBTC, artDOGEB, or artBTCB to exit via secondary market liquidity. The expected launch date will be announced by GoatNetwork.

3. Full Launch Stage: In this stage, nodes will permit the unstaking of BTC, DOGEB, and BTCB. In addition to the exit option in the second stage, holders of artBTC, artDOGEB, or artBTCB can directly initiate a redeem request through the Artemis Dapp. After the required unbonding period (as defined by GoatNetwork protocol), users will receive their original assets. The specific launch date will be determined by GoatNetwork’s official announcement.