Katana changes its $KAT token model, but today $KAT fell 1.52% instead, to $0.00324.
All the attention across the market is on trending assets like ONDO and BTC, while news about small DeFi public chains is getting no follow-up from investors.
It won’t officially launch until November 17, so there’s no basis for speculating on expectations now. There’s no need for investors to rush in early.
First, a word of caution: many revenue-sharing models in DeFi have fallen through before, and there’s a good chance the actual implementation will fall short.
Over the next week, watch for large amounts of $KAT being withdrawn from exchanges, or for growth in the number of on-chain staking addresses. If nothing happens, stay away.
Do you think this model overhaul is a genuine positive, or just an empty promise meant to lure in buyers? Comment 1 if you’re bullish, 2 if you’re bearish.
#Write2Earn #BinanceSquare #KAT #DeFi
All the attention across the market is on trending assets like ONDO and BTC, while news about small DeFi public chains is getting no follow-up from investors.
It won’t officially launch until November 17, so there’s no basis for speculating on expectations now. There’s no need for investors to rush in early.
First, a word of caution: many revenue-sharing models in DeFi have fallen through before, and there’s a good chance the actual implementation will fall short.
Over the next week, watch for large amounts of $KAT being withdrawn from exchanges, or for growth in the number of on-chain staking addresses. If nothing happens, stay away.
Do you think this model overhaul is a genuine positive, or just an empty promise meant to lure in buyers? Comment 1 if you’re bullish, 2 if you’re bearish.
#Write2Earn #BinanceSquare #KAT #DeFi
