CATEX: MİNİNG BASED FUNCTIONAL EXCHANGE

By alpha | Ico, bounty and airdrop | 9 Apr 2019

Binance Coin, which is the leader in the sector by giving advantage to users as a result of the stock market and the missions imposed on it, can be considered as an example of this. The owners of Binance Coin used the advantage of having a functional buckle by winning a 50% fee discount on their trade. As a result, this model, adopted as a useful model by users, has created rapid acceptances and similar systems quickly. many stock exchange fee in the market began to use the tokens.

At this point, Catex developed its own stock exchange CATT by developing an entry-level utility model, such as only a fee discount, within a system framework based on the results of user solutions. Catex mining is a logic-based stock market. However, today's POW algorithm is insensitive to the environment and energy consumption is not a questionable system. On the contrary, it provides dividend income to the user through the sum of the transactions made on the stock exchange, that is, the sum of the fee revenues and the locked tokens. As a result of the transactions carried out in the stock market, token is produced and the user who performs this process is returning as CATT token. Thus, instead of meaningless energy consumption and nature destruction, an excellent eco system is created. The total number of token decreases the supply of tokens by burning the token and thus decreases the number of toasts that affect the token value positively. Moreover, all of these are arranged in a way that is proportional to the volume created by the users. If you need to examine more details;

CATT TOKEN LOCKING OPERATION AND LOGIC

In the logic of the classic stock exchange, only the fee discount functionality is available, while the users of the catex stock exchange earn an CATT tokeni with an attractive rate of 5%. In addition to the Catex mining system, the CATT shares the dividends with maturity and provides dividend income up to 90%.

50% lock for 7 days (Percentage of dividends)
15 days Lock 60% (Dividend percentage)
30 days 70% lock (Dividend percentage)
45 days Lock 80% (Dividend percentage)
90% of 60 days (Percentage of dividends)
To give an example, let's take a 60-day CATT token with max.

1. The total profit of the debt is 2000 USD.

2. The user bought 10,000,000 Catts.

3. And locked the token for 60 days (90%)

4. Total locked Catt 500 million

10,000,000 / 500,000,0000 = 0,02

2000 x 90% = 1800

18000 x 0.02 = 36 USD (Daily dividend received by the user)

Note: Calculation is based on Catt / BTC as 0.00000022 sat.