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 ✖ 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