Sushi Introduces Katana Rewards with 400 Million KAT Tokens

Sushi's upcoming Katana rewards program aims to enhance user incentives by distributing KAT tokens alongside SUSHI in select liquidity pools.

250d ago

Summary

Sushi CEO Jared Grey announced the introduction of Katana rewards on July 8, allowing certain liquidity pools to yield both SUSHI and KAT tokens. A total of 400 million KAT tokens will be distributed during this event, enhancing user incentives on the platform.

Terms & Concepts

Katana rewards: A new incentive program on the Sushi platform that allows users to earn KAT tokens alongside SUSHI tokens.
SUSHI tokens: The native cryptocurrency of the SushiSwap platform, used for governance and staking.
liquidity pools: Collections of funds locked in a smart contract that facilitate trading by providing liquidity on decentralized exchanges.