Most L2 tokens fail because governance sits idle, yields fragment, and incentives leak. @katana fixes this with its No Idle Capital design, forcing KAT into governance or liquidity roles. — ► Katana Design Katana splits KAT utility into governance and efficiency paths so capital is always productive. $KAT → Base asset unlocking utility only when deployed productively $vKAT → Locked governance token for voting power and capital allocation $avKAT → Liquid, yield-focused token for passive capital efficiency — ❶ vKAT: The Governance Path vKAT ties governance influence directly to locked capital, favoring long-term commitment. Emissions → liquidity → volume/activity → fees → rewards to aligned voters → repeat. vKAT holders vote or delegate to direct Vault Bridge yields and Chain-Owned Liquidity (CoL) allocations. Early exits pay an exit fee redistributed to remaining holders. — ❷ avKAT: The Efficiency Path avKAT keeps capital liquid while auto-compounding protocol yield. Emissions → liquidity → volume/activity → fees → auto-compounded value → repeat. avKAT will be freely tradable on @SushiSwap with no protocol exit fees. Users enter or exit via market liquidity, accepting slippage.

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Looks promising fr