Katana
All posts

nov 12, 2026

Homecoming: Blast Users, Your Yield Is Paid Upfront

Blast users, welcome home. Deposit USDC on Katana from November 12 to 26, 2026, get 12% APY paid the moment you deposit, and earn entries in the Cyberquad draw.

Homecoming: Blast users, your yield is paid upfront

Deposits open November 12 to November 26, 2026

Your wallet history on Blast counts on Katana.

Homecoming is open to Blast users with onchain history. With one click, Blast users can deposit USDC and receive 12% APY paid upfront instantly. No delay, no lockup, no claim needed. Liquid yield in your wallet.

After 30 days, your deposit begins to earn native yield and token incentives from the Katana USDC Ecosystem vault. If that does not interest you, you are free to withdraw from the vault with no penalty. Every $500 you deposit also earns an entry in the draw for a Cyberquad, and an additional entry for every wallet you refer that deposits more than $100.

Who's Eligible

Homecoming is open to:

  • Blast wallets in the Homecoming snapshot. 196,150 wallets with at least $1,000 of lifetime DEX volume, or at least $500 of NFT volume, on Blast between February 28, 2024 and September 26, 2025.

  • Anyone referred by an eligible Blast wallet. No Blast history needed.

Connect your wallet on the Homecoming page to check. Connecting doesn't ask for a signature. The only thing you sign is the USDC approval when you deposit.

https://app.katana.network/campaigns/blast-homecoming

How It Works

  • Connect your wallet on the Homecoming page.

  • Enter an amount. Before you deposit, the page shows the exact amount you'll receive, your draw entries, your maturity date, and the cost of exiting early.

  • Deposit USDC. Don't have any on Katana? The page links you to bridge USDC to Katana through Vault Bridge first.

  • Receive your yield. 12% APY on your deposit, for 30 days, lands in your wallet instantly.

  • After 30 Days. You begin to earn native yield from Morpho and additional token incentives. Your deposit becomes “katanaUSDC” which represents Superform vault tokens worth the USDC you deposited. At this point, you may alternatively withdraw your funds without penalty.

Your deposit keeps working after it's returned. Vault yield earned after your lock ends is yours.

The Cyberquad Draw

After the last lock matures on December 28, one entry is drawn at random, and its holder wins a Cyberquad. The full entry list and the result are published.

How to earn entries:

  • Deposits: 1 entry for every $500 deposited, counted across all your deposits.

  • Referrals: 1 entry for every wallet you refer that deposits more than $100.

The more you hold to maturity and the more people you bring home, the better your odds.

Keeping entries valid: Exiting a deposit early voids the entries from that deposit. A referral entry is voided if that wallet's remaining deposits drop to $100 or less.

Winner review: Before the winner is announced, the winning wallet is reviewed for sybil activity. If it fails review, the entry is disqualified and the draw is rerun.

Claiming: The winning wallet sees a message on the Homecoming page asking it to email claim@katana.network. If no email arrives within 14 days, the draw is rerun. If the Cyberquad can't be delivered to the winner's jurisdiction, the winner receives its US retail price on the draw date in cash instead.

Bring Someone Home

Once you've connected, the Homecoming page generates your Social Card. It shows your Blast history and the KAT + UP waiting for you, or already paid to you, on Katana.

Share it on X or download it. Every card carries your referral link, so anyone who deposits through it is attributed to you, Blast history or not. Each referred wallet that deposits more than $100 adds a draw entry for you.

Nothing is public until you share it, and your wallet address isn't shown on the card.

Key Dates

All times UTC.

  • Deposits open: Thursday, November 12, 2026

  • Deposits close: Thursday, November 26, 2026, or earlier if the campaign budget is fully committed

  • Last maturity: Saturday, December 26, 2026

  • Cyberquad draw: December 28, 2026

The reward budget is fixed. Once it's committed, deposits close, even if that's before November 26. A countdown on the Homecoming page shows the time left.

What You Earn

12% APY over 30 days works out to 0.986% of each deposit, paid upfront in KAT + UP. The amount is priced at a 30-minute average of KAT's onchain price at your deposit block.

  • $1,000 deposit: $9.86 in KAT + UP, 2 draw entries

  • $10,000 deposit: $98.63 in KAT + UP, 20 draw entries

  • $50,000 deposit: $493.15 in KAT + UP, 100 draw entries

  • $250,000 deposit: $2,465.75 in KAT + UP, 500 draw entries

The yield is yours from the deposit transaction onward, whether or not you finish the lock.

You can deposit as many times as you like. Each deposit is its own position, with its own yield, lock, and maturity date.

Exiting Early

You can exit any deposit before day 30. An early exit closes that whole deposit and costs 1% of its principal, whether you exit on day 1 or day 29.

That's about the same amount as the tokens you were paid at deposit. If you exit early, you're back where you started in deposit-day dollars, minus any change in KAT and UP prices.

  • Your principal: Returned minus 1%, as Superform vault tokens

  • KAT + UP you received: Yours to keep

  • Draw entries from that deposit: Voided

  • Your other deposits: Unaffected, each keeps its own lock

Example: You deposit $10,000 and exit on day 12. You get $9,900 back in vault tokens and keep the $98.63 of KAT + UP you already received.

The Homecoming page shows the exact exit cost and the entries you'd lose before you confirm.

Rules

  • Eligibility: Wallets in the Blast Homecoming snapshot, plus wallets referred by an eligible wallet.

  • Deposit token: USDC. No minimum deposit.

  • Yield: 12% APY, simple, over 30 days (0.986% of each deposit), paid instantly in KAT + UP at deposit, priced at a 30-minute onchain average.

  • Soft Lock: 30 days from each deposit. Each deposit has its own lock and maturity date.

  • Return: At day 30, Superform vault tokens worth the USDC deposited are returned automatically.

  • Early exit: Closes the whole deposit and costs 1% of principal, sent to the Katana Foundation treasury. KAT + UP received is kept. Draw entries from that deposit are voided.

  • Deposit window: November 12 to November 26, 2026, or until the campaign budget is fully committed.

  • Draw entries: 1 per $500 deposited, plus 1 per referred wallet that deposits more than $100.

  • Cyberquad draw: Drawn after December 26, 2026. One winner. The full entry list and result are published. The winning wallet is reviewed for sybil activity before announcement.

  • Restricted jurisdictions: Wallets in jurisdictions restricted under Katana's terms are not eligible for the draw.

  • Verification: Deposits, referrals, and entries may be reviewed. Katana may correct calculation errors and disqualify ineligible activity.

Join the Katana Community

Stay informed, engaged, and connected:

__________

Program Details & Disclaimer: This post is not investment, legal or tax advice and users are encouraged to consult personal investment, legal and tax advisors. This post and its contents, including the above-referenced statements related to any token, rewards, distributions, or program ("Program"), may be modified or terminated at any time without notice, and is subject to the Katana Foundation terms and conditions (here https://app.katana.network/legal/terms-and-conditions). Governance of the program, interpretation of terms, and application of the Program to individuals is subject to the interpretation and sole discretion of the Katana Foundation. Participation in crypto and emerging blockchain technology involves risk, including smart contract risk and changes in the value of vault tokens, and by participating in the Program you agree not to hold Katana Foundation liable for any losses or damages that you may incur for any reason including without limitation technology errors, investment value declines, or Program administration.

Cyberquad is a trademark of Tesla, Inc. Katana is not affiliated with, sponsored by, or endorsed by Tesla, Inc. Blast and Superform are referenced for informational purposes only.