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Binary Cat is a decentralized platform that runs on Avalanche where users can bet on the price of crypto assets and the relationship between them. In addition to receiving a share of the winnings if their bets are correct, users are further incentivized by receiving KITTY tokens proportionate to their bet size regardless of whether or not they were correct - this increases rewards if they win and lessens the cost associated with a loss. Holders of KITTY tokens will be able to receive a proportionate share of transaction fees generated by the platform and will also have a share of voting rights to participate in governance based on the amount of tokens they hold. reference
Posted on 18 Dec 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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