Dear Catexians, 

As we promised before, today on 10th Catex Exchange was supposed to fulfil another step of our roadmap released September of 2020 in our Catex.finance page, but board working together decided to make few adjustments since Catex Token (CATT) price raised significantly surprising us as the Community engagement giving a lot of value to our project increasing our Market Cap. 

This situation called attention to many traders and funds that are also positioned to invest more in the token. Many youtubers started creating free contente, social media became also stronger and we are having to deal with this immediate success. Since September CATT price went up more than 2,000%. Many investors since that are worried about a big drop in the Exchange once tokens are released. If around 632million tokens were sent back to wallets, there were a big risk of those gains getting evaporated. What we basically want is making all this be bigger than just a US$250,000 volume day and price skyrock to a dollar level like many good projects have been doing this year. Of course we always neglected to talk about price but we are aware this is what many investors want. 

For many months we got questioned why CATT price never up and suddenly it moved following the Wall Street Bets (maybe a coincidence) buzz. Somehow it was quite positive. Catex Exchange has still a lot to prove and improve and for sure all of you will see how team is battling hard to be recognized and one day be a top 20 CMC and Coingecko Exchange. In this scheme we have great news. Speaking to a big sampling of CATT holders they were negative to release tokens in one shot and also said they are not inclined to sell since they want to see price moving more for long term, such feedbacks made us more courageous than normal to make this announcement. 

Then we came to a decision to postpone the release, but there are some counterparts which we trust you will be happy and even more interested in our project. The rest of roadmap remains same. 

Here we are detailing how project will work to make majority satisfied: 

- YCATT distribution: We will distribute the YCATT on Feb 11th 10:00 AM UTC time, The token will directly go into your CATEX account, You can withdraw it at anytime

- CATT release: The release of staked CATT will be gradual, from 15th of march you will receive straight in your wallet 10% every month. So you will be able to watch price, decide if will invest in our products or just trade. Remember to check best prices on CoinMarketCap and Coingecko, we are on way to make listing agreements with great other exchanges. YCATT remains in DEX and Swap Exchanges.

- New Airdrop of Catex.Finance (YCATT): on April for each staking address, these tokens will be released in the wallets for immediate trading at UNISWAP or other platforms where liquidity is provided. You can also wait for release farming system to receive great dividends in many DeFi tokens; 

- New CATT Staking System: We will have 30/60/90/120/180/270/360 days paying from 8% to 18% dividend yield in CATT, this feature will be open on 1st of March. 

- YCATT Farming: Due to the Chinese Spring Festival we will have to postpone launch to Mid of March, we are sorry for that, but our developers worked too hard on that and generally the entire country stops. We have to respect that. But friends, do not worry, most of development is finished and some frontend job is being done to be one of the best dividend platform and great integration to the wallets you store your Ethereum based tokens. 

- CATT Fees: we are going to reduce the withdraw from 30,000 CATT to 5,000 CATT so you will be able to trade your tokens anywhere liquidity is provided, however if prices drops significantly we will have to adjust up again. Also we are expading the usage of CATT from 30% to 40% (at your ease) to pay trading fees. 

Let’s also do not forget we are upgrading the whole Catex System and very soon you will see a brand new user interface, more interactiveness and with more new features to make your trading experience the best. We thank this big Community in advance for all effort to understand the decisions we made were not easy since we have more than 100,000 investors with different opinions but we are endeavouring to do the best to protect your investments and consequently the gains. 

Yours sincerely, 

The Catex Exchange Team.