The network is Katana. The token is KAT.
No VCs. No presale. No yield games
Katana recently launched, and it’s shaking up DeFi
Here’s everything you need to know about @katana 👇
1/ @katana isn’t just another chain
→ 10B $KAT minted
→ No inflation
→ No insider unlocks
→ Mainnet is live
→ Token is non-transferable until Feb 2026 (latest)
And it’s already doing things differently
2/ @katana doesn’t try to do everything
âś– Not a gas token
✖ Doesn’t control chain upgrades
✖ Doesn’t receive base protocol fees
It makes
→ Guide incentives
→ Align users with the apps they use
→ Reward real activity
3/ Once transferable, $KAT can be locked into vKAT
vKAT = voting power
→ Weekly votes decide where incentives go
→ Voters earn yield from the pools they support
→ Initial focus is on Sushi LPs
Simple idea: @katana reward those who actually use the system
4/ @katana designed to turn idle TVL into productive capital.
The flow:
Users bridge → vaults earn yield → core apps grow → sequencer generates fees → liquidity deepens → vKAT allocates incentives → repeat
That’s the flywheel
5/ So where is $KAT going?
• 1B to core app users (Sushi, Morpho, etc.)
• 1B to pre-deposit + krates + TVL
• 1.5B to Polygon stakers (POL)
• 1.565B to core contributors (4y vest)
• 4.935B to treasury & @katana ecosystem
6/ First unlocks happen when $KAT becomes transferable:
→ @katana Pre-deposit users + Krates
→ 700M KAT to staked POL holders
→ Treasury funds for liquidity incentives
Team unlocks don’t start until after that. User-first rollout.
7/ @katana is using a modified ve(3,3) model
But instead of governing just one DEX, it governs the entire DeFi layer
Incentives go to where actual usage happens not just wherever the highest APR is
8/ TL;DR for this @katana thread
- Mainnet is live
- $KAT is non-transferable (for now)
- You can already earn it (Krates, vaults, leaderboard)
- vKAT will control where incentives flow
- It’s all designed for long-term alignment
This is DeFi with intention
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