katana is by far my favorite defi/yield play at the moment, step into the dojo with me
i am farming ~50% apy boosted by $KAT emissions at an implied valuation of 1B
pretty wild place to park some stables, and also gin exposure to their (potential) airdrop
over $200M FDV in the yearn pools alone, and 360M+ locked in @katana defi
i will continue to rock with katana as long as these boosted emissions keep these juicy apy
for those wondering, the actual apy is not 50% in usdc per se, it is a nominal % of usdc and the rest "juiced up" by $KAT tokens
this is essentially an incentive to attract liquidity and tvl to the chain, gain users, and act as a marketing funnel to get people hooked on the product, these emissions and yields do not last forever
one of the best things for me about kat is that you can unstake at any time, as well as have exposure in eth/btc/stables
i've been wrecked too many times staking alts/new l2 tokens for airdrops (iykyk) so having exposure in solid coins or stables makes me a happy penguin
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