Katana is a new DeFi-native Layer 2 blockchain incubated by Polygon Labs and GSR, designed to unify liquidity and deliver sustainable yields. It launched this summer, and the $KAT TGE is planned at the start of 2025! You can farm it already... which created hype!
Why I embraced the vision? Katana is backed by industry players like Polygon Labs and GSR, Katana is positioned to attract significant institutional participation in DeFi. I had a leap of faith and pre-deposited before the chain went live.
Katana's approach to consolidating liquidity and offering high yields, combined with its strong backing and innovative participation methods like Krates and Turtle Club, make it a noteworthy project in the DeFi space.
I went a bit crazy with Katana and I've got some god chests to open! The hype was on and contributor had a chance to win big prizes with the pre deposits! Therefore I deposited wETH and $USDC and already stacked 172 $KAT from the three krates I opened! Let's go!
I am not that smart to combine DeFi protocols like this, so all the credit for this experiment goes to my fren' Travis and his big crypto brain! I used Lombard and Aave to get more Katana Krates ... and the results were awesome!
So here’s how I’m farming points across protocols while keeping things tight on risk and yield. I got LBTC from Lombard and then went to Aave, where I deposited the asset as it's accepted as collateral.
I went with LBTC because it earns a multiplier in the Lombard points campaign. Double DeFi utility in one go, securing my Aave loan and stacking Lombard points.
Lombard Finance is one of the leading liquid staking protocol for Bitcoin, offering users a powerful way to earn yield and access DeFi with their BTC. At its core is LBTC, a liquid staking token that’s pegged 1:1 to Bitcoin.
My pre-deposits reached $1800 in $ETH, $USDC and the freshly added $wBTC! Earned 13 krates and the tracked referrals got 15 as well! All the krates were automatically open when the Katana chain went live.
The Katana Krate pre-depositors got gags of vKAT! The yield wars begin! My deposits got me 230 $KAT and I was happy with that... until I went hyper happy! The unclaimed 67 million $KAT set aside for the Katana Krates campaign were distributed
The tokens were transmuted into vKAT, the productive on-chain embodiment of your early conviction. Every deposit we made, and more importantly when we made it, was run through a timing-weighted formula that determined the vKAT allocation.
This was my stake in the weaponization of liquidity, and being early paid off! vKAT is the sharpened edge of Katana’s mission... turning passive TVL into an active force for yield and influence. It’s capital with a katana strapped to its back.
The vKAT balance is now live and visible in the Katana app. Head to “Holdings” in the sidebar and witness your cut of the spoils. Those who pre-deposited into the Krates were early and essential. We lit the forge and now the blade glows.
But vKAT is more than just a receipt of early action... it’s a governance-activated asset. Holding it gives you the power to direct KAT emissions across the ecosystem. You earn fees from the pools you support.
You increase the velocity of rewards, turning your deposits into a self-reinforcing loop of influence and income. The deeper your vKAT, the more weight your decisions carry—and the more you earn for being right.
If you stacked early, your rewards just went parabolic. The flywheel’s spinning and thee emissions are yours to steer. This is the way of the productive samurai. The liquidity battlefield is live... and you're already armed.
The estimated $KAT value, based on the capital raised by Katana, is at $10 per token! The projection of the krate rewards is $2,30 ... but that vKAT received for being early beats any expectation. I received 24.5k vKAT and I am looking forward to genesis!
