
Bitalk|Jun 23, 2025 08:39
🔸 I just saw today that @ katana's pre deposit activity is coming to an end. Let me share with you.
🔸@ Katana is a public chain designed specifically for Defi, incubated by Polygon Labs and GSR.
There are usually several Dex/Perps/End protocols on public chains, which disperses liquidity.
On the Katana chain, there is only one lending protocol (Morpho), one spot DEX (Sushi), and one Perps (Vertex).
Other Dapps will be built around these three core applications to maximize revenue.
Katana launched a pre deposit activity at the end of May and will end at 8am on 06/24. The current pre deposit amount is approximately 26 million US dollars.
👇 Below is an explanation of specific deposit activities.
1. Save money and receive the box
▪️ Deposit ETH/USDC/USDT/WBTC to receive Krates boxes for free.
▪️ For every 150U worth of tokens stored, one box can be obtained.
▪️ The rewards inside the box may include tokens such as KAT, aUSD, sushi, morpho, etc.
▪️ 70 million KATs will be allocated to pre deposit users, proportionally based on time and amount. The earlier and more pre deposits are made, the more token shares will be obtained.
2/Withdrawal of deposits and locking of KAT tokens
▪️ Users' deposits will be deposited into the Yearn Vault on the Ethereum mainnet to earn profits.
▪️ Once Katana mainnet is launched, users can receive deposits without lock up periods.
▪️ However, any KAT token rewards obtained by users will not be transferable for a period of 9 months.
▪️ The Katana mainnet is scheduled to launch on 06/30, which is one week later.
DYOR.
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