LKAT Token

What is LKAT?

LKAT is a liquid, yield-bearing token that represents locked KAT rewards earned from farming on Katana-native protocols like SushiSwap. While KAT rewards are typically subject to a lock-up period, LKAT offers immediate liquidity and utility without waiting for unlocks.

It is minted via a streamlined on-chain flow that deposits locked KAT into Levrex's Minter contract and issues LKAT to users at a 1:1 ratio. LKAT can then be staked, looped, traded, or used in DeFi strategies across the Katana ecosystem.

Why LKAT exists?

DeFi users on Katana frequently earn KAT rewards through LP farming and protocol incentives, but these rewards are locked for extended periods, making them unusable in the short term. This reduces capital efficiency, limits yield potential, and introduces friction for active users.

LKAT was created to solve this. It unlocks the value of locked KAT rewards by making them immediately usable, without disrupting the emission schedule or token economics of the original protocol.

For users, it’s about capital freedom. For protocols, it’s about deepening engagement with native rewards.

Core benefits for users and integrators

For Users:

• Instant Liquidity: Use your locked KAT rewards immediately via LKAT.

• Yield Optimization: Stake or farm LKAT for additional APY through Levrex or DEX LPs.

• Composability: Use LKAT in multiple strategies without waiting for unlocks.

• Redemption Path: When KAT unlocks, LKAT can be redeemed 1:1.

For Integrators:

• Plug-and-Play Yield Asset: Treat LKAT as a liquid reward asset that can be whitelisted in vaults, pools, and lending markets.

• Boosted Engagement: Give users more incentive to participate by offering utility on rewards from day one.

Trustless Workflow: Integration is driven by verifiable Merkl reward data and automated contracts, no off-chain dependency.