Update: Katana is now on mainnet at http://app.katana.so.

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Katana is a yield generation protocol for Solana. It is extremely similar to Chest Finance which I covered before. Katana’s structured products simplify yield generation by automating and packaging the best yield strategies in the ecosystem into vaults.

They have just launched on devnet and will be holding a free NFT lottery for early mainnet access.

To experience Katana, first go to https://devnet.katana.so/vaults and connect your wallet. Click on the “SOL COVERED CALL” vault.

Then get some devnet SOL token.

Choose your amount of SOL to deposit and submit.

Now we withdraw our SOL. As the strategy is not running yet, we can “INSTANT WITHDRAW” our SOL.

That’s it for the devnet. Now let’s go to the NFT lottery. To enter the lottery, you would need to

1. Like, and quote retweet this post

2. Tag 3 friends

3. Fill out the google form

From the team’s tweet,

“Being an active community member, using the devnet, and providing feedback will significantly increase your chances of winning an NFT ticket”.

Make sure to provide your feedback of the app at http://feedback.katana.so and in their Discord.