Katana | KAT Token — Utility, Staking, Voting & Supply

What is KAT?

KAT is the network token used to coordinate staking, voting and incentives across Katana. Holding KAT alone does not automatically create voting power; users participate in the incentive system by staking through vKAT or the automated avKAT route.

Fixed supply and launch

KAT has a fixed supply of 10 billion tokens. The token became transferable in March 2026. The supply was created up front, so the tokenomics are based on allocation and unlock schedules rather than ongoing inflationary minting.

Three forms of participation

KAT is the liquid token. vKAT is a non-transferable NFT representation of a locked KAT position used for direct voting and reward management. avKAT is a transferable vault token that automates voting, reward collection and compounding through a managed strategy.

• KAT: hold, transfer, trade or stake.
• vKAT: direct voting control through locked positions.
• avKAT: automated voting and compounding with a liquid token representation.

Why staking exists

Katana uses staking to coordinate where incentive emissions go. Voting power can be directed toward eligible pools and markets, linking token participation to liquidity allocation rather than treating staking as a passive yield product disconnected from network activity.

Rewards and exits

Reward sources can vary by market and epoch. Direct vKAT participation may involve claimable reward tokens and exit mechanics, while avKAT automates reward handling. Exit rules, cooldowns and fees should be reviewed before staking because they affect liquidity and timing.

What KAT is not

KAT should not be treated as the gas token; ETH is used for gas on Katana. KAT is also not a guarantee of fixed yield. Its role is primarily incentive coordination, staking and ecosystem participation.