
Insightful|Jun 13, 2025 00:53
Multi-compound Stablecoin TVL farm + Kaito rewards
The @katana TLDR
1/ A ''DeFi-focused'' Layer 2 blockchain backed by Polygon and GSR
2/ Prioritizing liquidity consolidation via leading DeFi platforms such as:
- Morpho
- Sushi
- Vertex
3/ They leverage Agora USD, a stablecoin linked to US Treasury bills, to guarantee that earnings are sourced from tangible assets / RWAs instead of token inflation
How the farming works
1/ Pre-Deposit into Katana L2, can't withdraw until mainnet, get 1 krate / 150 deposited, see image for krate rewards drop rates
2/ Deposit in Kanata vault via @turtleclubhouse
Earns ~43% APY and ~10 KAT per $1k per day deposited (for USDC)
Can withdraw at anytime, on ETh mainne
https://x.com/turtleclubhouse/status/1928465676043182560
Yapper rewards - 10M KAT (total) + 20k USDC (monthly) for top 25 Yappers
Katana Kaito article
https://x.com/katana/status/1932453020349895108
My strategy?
I don't love the odds of the krate rewards but put like 10% of total deposit amount in there to have native Dapp interaction
Most in Turtle cause can withdraw anytime, good APY , still get "points" , + "turtle dapp interaction" is also covered
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