PANews|Nov 12, 2026 05:17
[Katana Completes Three Acquisitions and Adjusts Token Economics Model; Part of Fees to Flow to avKAT Stakers] Katana announced adjustments to its token economics model, eliminating the existing vKAT and voting mechanisms. Users can now obtain avKAT by staking KAT. Starting November 17th, a portion of the fees from Swap, Perps, Vault Bridge, and the sorter will flow directly to avKAT stakers. Furthermore, protocol fees will be used for programmatic buybacks of KAT on the open market, with all repurchased KAT distributed to avKAT stakers. The cooldown period for unstaking will also be shortened from 45 days to 7 days, and existing vKAT holders can convert to avKAT with a single click starting November 17th.
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