Topic: [ANN] [YCATT] 🔥 Catex.Finance DeFi Project by Catex Exchange - page 2. (Read 569 times)
Wow! This is a great opportunity to share in the $600,000 worth of YCATT, the defi token of catex exchange. Head over to catex.io, scoop up some CATT token, pre-stake 30th November to qualify. I've been with the exchange since 2018, it a great exchange. No KYC whatsoever.
Meet Catex.Finance also known as YCATT.
Catex Token (CATT) Pre-staking Information
Catex Token (CATT) holders will have the chance to prestake Catex.Finance (YCATT), before the ITO and Uniswap listing takes place.
The cost of prestaking for CATT holders is free.
All CATT holders need to do is lock their CATT above during the prestaking dates of November 30th and December 15th to be eligible to receive free YCATT.
The allotment rules for the prestaking stage are as is; 2,000,000 YCATT will be allotted based on the current circulating supply of CATT which is 1,000,000,000.
if only 30% of the CATT circulating supply is locked during the prestaking phase, then only 30% of the 2,000,000 YCATT will be distributed, which is 600,000 YCATT.
All CATT shall be unlocked at the end of the prestaking phase and YCATT will be distributed within 3 working days.
Catex.Finance (YCATT) Distribution of $600,000
The distribution rules of YCATT during the prestaking phase are as followed; we will distribute the 2,000,000 YCATT based on the users locked CATT amount compared to the total overall amount of CATT locked during the prestaking phase.
For example, if a user shall lock 100,000,000 CATT tokens and there is 1,000,000,000 CATT tokens locked overall during the prestaking phase,
then that user shall receive 10% of the allotted 2,000,000 YCATT which is 200,000 YCATT (estimated value of $60,000).
Tokenomics
Token name | Catex.Finance
Ticker | YCATT
Contract address | 0x2bf445338c364edc9fb0b1620cd68ec09995d34e
Total supply | 50,000,000
Pre-staking supply | 2,000,000 ($600,000 value to CATT holders)
Development supply | 1,000,000
ITO supply | 10,000,000 (whatever unsold tokens will be burned)
Uniswap liquidity pool | 2,000,000 (locked)
Team supply | 5,000,000 (locked for 1 year)
Ticker | YCATT
Contract address | 0x2bf445338c364edc9fb0b1620cd68ec09995d34e
Total supply | 50,000,000
Pre-staking supply | 2,000,000 ($600,000 value to CATT holders)
Development supply | 1,000,000
ITO supply | 10,000,000 (whatever unsold tokens will be burned)
Uniswap liquidity pool | 2,000,000 (locked)
Team supply | 5,000,000 (locked for 1 year)
ITO Details and Uniswap Listings
- The initial token offering (ITO) price of YCATT will be $0.1. The ITO will take place on bounce.finance token sale platform. The sale dates are between December 15th and January 15th. Any unsold tokens will be burned from the total supply.
- On January 15th, YCATT will be listed on Uniswap at the price of $0.3 and on March 1st, CATT will be listed on Uniswap.
Allocation of Funds Raised in ITO
YCATT Usecase
- When CATT is locked, you get 90% APY on YCATT.
- When CATT and YCATT is locked (paired), you get 180% APY on YCATT.
- When CATT and YCATT is locked, you can pair it with other DeFi projects.
- YCATT holders will get a percentage of all APY gains on the Catex DeFi farming platform (the distribution will be daily and will work in the same way as the prestaking phase. YCATT holders will get dividends from the total daily interest given to all users. For example, if there are 100 users farming asset A,B and C. 5% of their daily earnings will go to dividends to YCATT holders that locked their tokens.
- Liquidity providers will receive 60% apy on YCATT/ETH.
Roadmap
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