Katana completes three acquisitions and adjusts tokenomics, avKAT to capture protocol revenue

Odaily reports: L2 network Katana has announced the completion of three acquisitions, namely the Sushi deployment on Katana (now renamed Katana Swap), IDEX (now renamed Katana Perps), and Vault Bridge (native yield generation). Meanwhile, Katana will adjust its tokenomics, canceling vKAT and its voting mechanism. Holders can obtain avKAT by staking tokens and participate in revenue distribution.

Starting November 17, a portion of the revenue from Katana Swap, Katana Perps, Vault Bridge, and Sequencer fees will flow to avKAT, with a programmatic buyback mechanism to be launched subsequently. In addition, the unstaking cooldown period will be shortened from 45 days to 7 days.