Is the interest from Katana really that juicy? Here's the interest I've received over 14 days.
Currently, if you deposit stablecoins at @katana, they are offering rewards at an interest rate of about 60%.
(Assuming the total deposit in Katana is 1 trillion won)
The photo below shows the interest I've received over 2 weeks on my $1900 $USDC deposit.
I've received a total of 254 $kat, and since I received a total of 6000 $kat from the box I deposited 3 weeks ago,
I expect a risk-free profit of about $500 at the current rate.
If it goes until TGE, isn't it possible to exceed $1000..?
Let's go!
📊 Katana DeFi, July 17 Update
@Katana
TVL rose to $46.04M from $48.32M, then briefly paused. This is interpreted as funds leaving due to the early deposit point boosting of @prjx_hl and trading participation driven by the coin bull market.
Interestingly, trading volume increased by over $11M in just one day.
This seems to be the volume for the funds mentioned above to exit.
Nevertheless, the still solid TVL shows no signs of concern.
Positive circuit full operation scenario
Is it possible for a partnership between @Katana and @prjx_hl to happen?
If structural linkage materializes, there is a possibility of expanding into a DeFi layered integrated ecosystem, not just a simple farming platform.
This could lead to the best scenario where both Bitcoin and altcoin rallies occur.
BTC-FI -> bigger alt szn.
@Lombard_Finance
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