We are grateful to announce a $20,000 raise led by @KatiesFdn and other angel investors, with $100,000 valuation🚀
This funding will serve as an incentive to attract users in the initial phase.
At 18:00:25 UTC on June 15, 2026, $KATS experienced a liquidity crisis after wallet 0xd0F4 (Coin98: SwapX UI Fees Collector) attempted to sell 144.759162 KATS for 31.361757 USDT.
After conducting an investigation, we determined that this incident was due to a temporary liquidity shortage. Prior to 18:00 UTC, significant selling pressure reduced the available liquidity. When the transaction from 0xd0F4 occurred, the remaining liquidity was insufficient to absorb the sell order, resulting in a sharp drop in price of $KATS.
Our team responded immediately by repurchasing $KATS and replenishing liquidity to stabilize the market and ensure the continued safe operation of the $KATS ecosystem.
We sincerely apologize to the community for this serious incident and appreciate understanding and continued support.
We are proud to have funded over $2,000 to the amazing teams that built projects on Viction.
But now, Katsliquidty!!! program will be discontinued as the funding far exceeds the benefits we received.
Thank you to all the teams who believed in us.
We would like to thank Katies Foundation (@KatiesFdn) for funding all the operating costs of The Gold Miner.
The entire $1,200 from Katies Foundation has been distributed to all players. PetroDollars did not receive any money.
Introduction: The Kats Bridge
Cross-chain swap between $KATS on Viction and $USDT on BSC in just seconds.
The Kats Bridge is built to be the fastest and most secure bridge across the entire ecosystem.
Comparison of Speed (Viction → Other Chains / Other Chains → Viction):
- The Kats Bridge: 18 seconds / 31 seconds
- WUSD: 1 minute 18 seconds / 44 seconds
- USDT via Arken: 1 minute 12 seconds / 3 minutes 38 seconds
- Spacegate: 1 minute 30 seconds / 1 minute 30 seconds, but unstable
Comparison of Security
1. The Kats Bridge
- The Kats Bridge inherits the security architecture of LayerZero's DVN system:
- Require DVN: Kats Foundation
+ Verification that the block containing the transaction has been completed
+ Confirmation that the transaction still exists and is not affected by block reorg
- Optional DVN: 2/3 signature model (LayerZero Labs / Nethermind / Horizen)
2. WUSD
- WUSD inherits the security architecture of LayerZero's DVN system:
- 1 confirmation Block
+ Both Ethereum and Viction remain vulnerable to block reorg risks, which can jeopardize user assets.
+ Uses a 2/2 DVN model: LayerZero Labs and Horizen
3. USDT via Arken
- USDT (Arken) inherits the security architecture of LayerZero's DVN system:
- Uses 15 block confirmations, more secure than WUSD
- However, Ethereum and Viction still have the potential for reorg risks.
- Uses a 2/2 DVN model: LayerZero Labs and Nethermind
4. Spacegate
- Uses 1 signer from Coin98 Wallet
- Block confirmation mechanism is unclear
- Stability remains inconsistent
Use today
https://t.co/sYKGpwxmPo
We awarded 1000 GOLD (4.1 KATS) to 3 GOLD/YT liquidity providers.
Small grant for the journey to DeFI with @KatiesFdn@Petrodollars98
https://t.co/H7eQYtXLCW
Katies Foundation Update:
- $KATS target price will be adjusted downwards to 1 USDT = 1 KATS, following the collapse of VIC's price over the past few days (-35%).
- KATS/USDT liquidity pool will be converted into a 0.01% pool fee
- @PetroDollars98 will convert their quote tokens to KATS. Currently, everyone can trade GOLD/KATS on @TheKatsAgg
New announcement from Katies Foundation:
Katies Foundation has spent 195 VIC to OTC purchase 1.95B of $GOLD and distribute it to all $KATS stakers.
https://t.co/BL70XW9zqG
TheKats v2.1 is coming soon
- Quote processing speed increased by 10%
- More liquidity pools available
- Reduced MEV attack risk by 25%
Update @TheKatsAgg provided by Katies Foundation