Katana Completes Three Acquisitions and Updates KAT Tokenomics

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On November 12 (UTC+8), the L2 network Katana announced the completion of three acquisitions: Sushi deployment (now Katana Swap), IDEX (now Katana Perps), and Vault Bridge (native yield generation). The project updated its KAT tokenomics by removing vKAT and voting mechanisms. Holders can now stake KAT to receive avKAT for yield. Starting November 17, fees from Swap, Perps, Vault Bridge, and the sequencer will be distributed to avKAT, with future buybacks planned. The unstaking cooldown period has been reduced from 45 days to 7 days. These updates represent a strategic shift for Katana. KuCoin listing updates may follow as the token gains momentum.

ME News reports that on November 12 (UTC+8), the L2 network Katana announced on Twitter that it has completed three acquisitions: the deployment of Sushi on Katana (now Katana Swap), IDEX (now Katana Perps), and Vault Bridge (native yield generation). It also updated its tokenomics: the vKAT token and voting mechanism will be retired, and holders can participate in yield by staking into avKAT. Starting November 17, a portion of fees from Swap, Perps, Vault Bridge, and the sequencer will flow to avKAT, followed by a programmed buyback mechanism. The unstaking cooldown period has been reduced from 45 days to 7 days. (Source: Foresight News)

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