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Posted: 2025-05-31 23:22:46 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-31 23:23:08 UTC
Verified By
Rollup News
Katana, a DeFi-first chain incubated by GSR and Polygon, is launching a liquidity campaign to seed its platform. The campaign, distributed by Turtle, features core apps like SushiSwap, Morpho Labs, and Vertex Protocol. Katana aims to provide deeper liquidity and higher yields, with the public mainnet opening in late June. Users can deposit into Katana vaults to earn $KAT rewards, with APYs ranging from 8% to 42.6% for various assets. Rewards are generated by Yearnfi and Merkl, and while there's no hard lock, full rewards require a 3-month deposit.
Liquidity campaign for Katana
High APYs for deposits in various assets
Strategic partnerships with SushiSwap, Morpho Labs, and Vertex Protocol
Launch of public mainnet in late June
Rewards system with $KAT tokens
Assets must remain deposited for 3 months to earn full $KAT rewards
Early withdrawal leads to slashable rewards