Announcement for Copycat IKO
Dear $KOMmunity,
Please be aware that the IKO for @Copycat_Global Finance will feature the $eCAT token, which will be fully available at the Token Generation Event (TGE).
$eCAT is tradable, meaning you can achieve 100% vesting and trade it immediately.
However, converting your $eCAT to $CAT could result in a better price because the $CAT token is priced higher than $eCAT. Please note, you cannot directly obtain 100% of the $CAT token because conversion initiates a 12-month linear vesting period.
You have the option to convert your tokens partially. While $eCAT can be traded on the Copycat DEX and other decentralized exchanges, $CAT is only tradable on centralized exchanges (CEX).
$eCAT serves as the Copycat platform’s unredeemed token. It can be exchanged for the platform’s primary governance token, $CAT, on a 1:1 basis using a conversion contract.
This conversion grants holders the same privileges as $CAT holders, such as fee discounts.