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KAT Tokenomics: Supply, Allocation and Unlocks

KAT is the token of Katana Network. It has a fixed supply of 10 billion, all of which was minted up front, so no more KAT can ever be created. This page explains how that supply is split, how KAT launched, and when each part unlocks.
Total supply 10,000,000,000 KAT (fixed)
Token standard ERC-20 on Katana
Transferable since 18 March 2026
Venture capital investors None
Contract address See Contract Addresses

How KAT Launched

The full 10 billion KAT supply was minted in 2025, but the token could not be transferred until it launched. During that time, KAT was earned by the people using Katana: users who deposited assets and provided liquidity, and community members who staked POL.

KAT became transferable and launched on exchanges on 18 March 2026.

  • No venture capital investors. No KAT was allocated to VC investors.
  • No preferential unlocks. No group unlocks ahead of users. The allocations for Katana’s users are the first to unlock.

Allocation

Allocation KAT Share of supply
Ecosystem & Community Treasury 4,835,000,000 48.35%
Core Contributors 1,565,000,000 15.65%
Community (POL stakers, as vKAT) 1,500,000,000 15%
Liquidity Mining (core apps) 1,000,000,000 10%
Retail & Institutional Users 1,000,000,000 10%
Public Sale 100,000,000 1%
Total 10,000,000,000 100%

What each allocation is for

  • Ecosystem & Community Treasury: supports the long-term growth of Katana, including liquidity and grants for projects building on the network.
  • Core Contributors: the people building Katana.
  • Community (POL stakers): allocated as vKAT, the staked and voting form of KAT, to community members who stake POL.
  • Liquidity Mining: given to Katana’s core apps to distribute to their users: 400 million KAT for Sushi, 250 million KAT for Morpho, and 350 million KAT for future perps, launchpad and yield apps.
  • Retail & Institutional Users: rewards for early Katana users: 70 million KAT for pre-deposit Krates and 930 million KAT for TVL commitments.
  • Public Sale: sold to the public at launch.

Unlock Schedule

All unlock timing is counted from the day KAT first became transferable.

Unlocked when KAT became transferable

  • Retail & Institutional Users: the full 1 billion KAT. These were the first tokens to unlock.
  • Community (POL stakers): 140 million vKAT.
  • Ecosystem & Community Treasury: 600 million KAT for providing liquidity, plus a reserve of up to 487 million KAT for grants to ecosystem projects.

Unlocks over four years

These allocations unlock in four equal parts, on the first, second, third and fourth anniversaries of KAT becoming transferable:

  • Core Contributors: 1,565 million KAT.
  • Ecosystem & Community Treasury: the remaining 3,748 million KAT.
  • Community (POL stakers): the remaining vKAT. This is 960 million vKAT for traditional POL stakers and 400 million vKAT for Katana’s native liquid-staked POL.

Distributed by core apps

  • Liquidity Mining: the 1 billion KAT is handed out by Katana’s core apps to their users as incentives over time, rather than unlocking on a fixed date.

What You Can Do With KAT

KAT can be staked as vKAT or avKAT to vote on where incentives go and to earn rewards. See How KAT Staking & Voting Work.

Official Sources