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CATO Introduce
1. What is $CATO?
$CATO, also known as CATO, is the native governance token of our project. By holding this token and staking as part of our governance mechanisms, users can directly take part in the decision-making process. To get your hands on the token, head to one of the many liquidity pools or exchanges on the dapp.kshark.io.
Inbuilt within the tokenomics of the platform are mechanisms to bring its deflationary nature. This rewards early supporters and has the aim of creating highly incentivized token holders to contribute to the project. After an initial distribution period of around two months, 100.000.000 tokens were supplied to the community with 10,000 locked for the founding team.
Token holders of $CATO have a right to create and vote on proposals to the platform as part of its governance system. A portion of the fees paid by our yield farming vault users is then distributed to holders of the $CATO token staked in the pool.
Users do not need to un-stake their tokens to participate in the voting process. This incentivizes much more voter participation as it means users don’t need to default their rewards to vote.
CATO also be staked in the CATO max vault, which pays out rewards in $CATO. These purchased tokens are then distributed to anyone who has staked in the CATO max vault.
What’s the CATO vault?
The CATO allows users to stake their $CATO much like in the RewardPool, but receive instead their rewards in $CATO. By staking their $CATO, each participant converts and compounds their share of the protocol’s revenue into more CATO tokens.
This Vault is for users that want to convert and compound their share of the protocol's revenue in more CATO tokens.
Where can I buy $CATO?
$CATO can currently be found in several decentralized exchanges including dapp.kshark.io or Pancakeswap. Buying $CATO usually involves exchanging it for another crypto-coin or token through a liquidity pool.
2. GOLD token ($GOLD)
$GOLD is valid in the game. The player can use it to bet on slots and buy ammo in fish shooting games. $GOLD also Can be earned a reward by shooting down an item in a fish shooting game or winning a bet on the slot game.
The player can recharge by buying $GOLD with $CATO at the rate of 1:5000 (1 $CATO = 5000 $GOLD).
3. CATO NFT and Aquarium NFT
CATO NFT
CATO NFT is a special token. It can be obtained when participating in hatching games and used in games in CATO's ecosystem or stake to farm $CATO in CATO Dapp.
Rate and combination
Aquarium NFT
Only 50 NFTs will be given to the players when they participate in the Whitelist or complete the tasks in the Bounty.
Each person who owns Aquarium NFT will be allowed to create rooms in the CATO game, and the owner of that room will certainly receive a commission. The more players join, the more commission the room owner will receive.
The commission will be worth 5% of the total $GOLD received by other players in the room.
Advantage of owning Aquarium NFT: have one playroom, the room decoration, and rare/ limited items and profit.
Last modified 5mo ago
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