If you're holding yvvbTokens on @katana - they just got more valuable👇
Yes, if you're holding yvvb tokens such as yvvbUSDC or yvvbWETH they are worth more now.
How?
Vault Bridge (vb) yield + AUSD treasury yield is being donated to the katana vault which means the vault now holds more of the underlying asset relative to yvvbTokens outstanding.
Consequently your yvvbTokens are now worth more $
These rewards stream linearly to vaults over 7 days. So you should stay the full week to capture the full bump in yvvbToken value.
Here's a breakdown of the donations over the next 7 days:
> 14.97 vbWETH
> 98k vbUSDC
> 26k vbUSDT
> 15k AUSD
This is the katana flywheel effect in motion. It's literally never been easier to park your assets, do nothing and consistently earn both native yield AND high $KAT incentives yield.
If this doesn't make sense to you, and I totally understand if it doesn't - here's all you need to know:
If you keep holding your yvvbTokens they will consistently increase in $ value over time as more vault bridge yield is donated to Katana vaults - this is additional to all the other yield stuff going on.

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