Quote from: babybonoba on May 08, 2018, 03:44:25 AM

I think that the CATE gas refund improvement is a great feature, but I am disappointed that the coin has an unlimited supply and random coin reward. Yes, it's cats and it is silly from the beginning, but I think that the coin will have a hard time being worth even 1 satoshi. I am going to stick with 0xBitcoin, but good luck.

Random coin reward will be replaced by a fixed reward after the 60'000th block. We did this in honnor of Dogecoin, which is kind of our spiritual father !
Also, the fact that there's an unlimited supply don't have any kind of effect on the actual price.
It's a really big misconception that you'd just need to "lock" the coin supply in order to make it deflationary. You are forgetting about the fact that liquidity has to be taken into account to settle a price on a currency. Catether has been designed as a StableCoin, a coin that is pegged to something tangible.

Here, 0xCATE is pegged to the median GWei price of a transaction, so, pegged to the gas price, hence, the Ethereum network's state.
We're a meme, yes, but we're a serious one ! think Dogecoin (we're not related to them, though)