Katana | KAT, vKAT & avKAT — Token Ecosystem Guide
Compare KAT, vKAT and avKAT, understand direct versus automated staking, gauge voting, compounding, exits and how each token fits the Katana ecosystem.
The KAT token ecosystem
The KAT system separates liquid ownership from direct voting and automated staking. This gives users different ways to participate depending on whether they value control, liquidity or automation.
KAT: the transferable base token
KAT is the ERC-20 token users can hold, trade and stake. It is the entry point into both staking paths but does not itself carry the same voting mechanics as a locked position.
vKAT: direct staking and voting
When KAT is locked directly, the position is represented as a non-transferable NFT. The holder controls voting choices, reward claims and position management. Multiple positions can be held separately, allowing different sizes or strategies.
avKAT: automated participation
avKAT is a transferable vault token. The vault manages underlying KAT staking, voting, reward collection and compounding. Users exchange direct control for automation and a liquid token representation.
Choosing between vKAT and avKAT
Choose vKAT when you want direct gauge voting, active reward management and position-level control. Choose avKAT when you prefer delegated voting and automated compounding. Both participate in the same broader staking and incentive system.
Conversion and exit paths
An existing vKAT position can be deposited into the avKAT vault. Moving back may involve redeeming avKAT into a vKAT-style position and then following the standard exit process. Timing, fees and cooldowns matter, so exit planning should happen before staking.
Frequently Asked Questions
Which staking route gives direct voting control?
vKAT is the direct route for users who want to manage their own votes and reward claims.
Which route compounds automatically?
avKAT automates voting, reward collection and compounding through a managed strategy.
Can vKAT be converted to avKAT?
Yes. An existing vKAT position can be deposited into the avKAT vault.
Is avKAT transferable?
Yes. avKAT is designed as a liquid, transferable token representation of the automated staking strategy.