Avalanche Ecosystem

CAT is one of the ways to measure the value of the KITTY Protocol and shareholder trust in its ability to maintain KITTY close to the peg. KITTY Protocol is an algorithmic stablecoin on Avalanche, pegged to the price of 1 AVAX via seigniorage.During epoch expansions the protocol mints KITTY and distributes it proportionally to all CAT holders who have staked their tokens in the NURSERY. CAT holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Kitty Finance ecosystem.

CAT is one of the ways to measure the value of the KITTY Protocol and shareholder trust in its ability to maintain KITTY close to the peg

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Historical Data for CAT