Katana completes three acquisitions and updates KAT tokenomics.

November 12 - L2 network Katana announced that it has completed three acquisitions: Sushi deployment on Katana (now Katana Swap), IDEX (now Katana Perps), and Vault Bridge (native yield generation). Meanwhile, tokenomics have been updated: vKAT and the voting mechanism will be discontinued, and holders can participate in yield by staking to avKAT.

Starting November 17, a portion of fees from Swap, Perps, Vault Bridge, and the sequencer will flow to avKAT, with programmatic buybacks to be launched subsequently. The unstaking cooldown period has been shortened from 45 days to 7 days.