X

KITTY meaning in Cryptocurrency ?

( 5 )  .  1 Rating
1945 views   .  0 comments  .   . 

Download Solution PDF

Answer:

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

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.




Give Rating
Report
Write Your Comments or Explanations to Help Others
Comments(0)





Miscellaneous in Cryptocurrency
Miscellaneous in Cryptocurrency

Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Explore Other Libraries

X

Important Cryptocurrency Links





Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join