Katana completes three acquisitions and adjusts token economics, with avKAT taking over protocol revenue

Odaily Planet Daily News: L2 network Katana announced in a post that it has completed three acquisitions: the deployment of Sushi on Katana (now renamed Katana Swap), IDEX (now renamed Katana Perps), and Vault Bridge (native yield generation). Additionally, Katana will adjust its token economics by eliminating vKAT and its voting mechanism. Holders can now earn avKAT through staking and participate in revenue distribution. Starting November 17, a portion of the revenue from Katana Swap, Katana Perps, Vault Bridge, and Sequencer fees will be directed to avKAT, with a programmatic buyback mechanism to be launched later. Furthermore, the unstaking cooldown period will be reduced from 45 days to 7 days.