As DAO treasuries grow on Solana, multi-signature solutions that provide direct access to yield generation protocols will become crucial.
Multisig Asset Management
Katana joined forces with Zebec to turn treasuries into yield-generating assets for Zebec users.
Katana announced the partnership with Solana’s first programmable cash flow protocol through Twitter on April 26. Zebec users can now access Katana’s treasury management products from within its multi-signature (multisig) interface with this integration. Furthermore, Katana has partnered with Squads protocol, allowing Squads users to directly access Katana’s multiple yield strategies within Squads vaults.https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-3&features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfX0%3D&frame=false&hideCard=false&hideThread=false&id=1518684127616245760&lang=en&origin=https%3A%2F%2Fwww.web3wire.news%2Fpost%2Fkatana-partners-with-zebec-for-treasury-management&sessionId=5d0d4454400924271dd37b3353e4b018c5c710ed&theme=light&widgetsVersion=c8fe9736dd6fb%3A1649830956492&width=550px
“Katana’s treasury management product suite looks to optimize DAO treasury management by offering the best yield generation, risk management, and data products to DAOs,” Ayush Menon, Founder and CEO, exclusively told Web3Wire. “Katana looks to assist DAOs in building for a sustainable and prosperous future with their community as first priority.”
The management of collective assets is an essential aspect of the collaboration of the web3 native teams. In addition, the growth of DAO treasuries on Solana will require teams to use multisig solutions that provide direct access to yield generation protocols. Thanks to these integrations, the solution is becoming a reality.
“Our partnerships with Squads and Zebec represent a huge step forward in the accessibility of treasury management products for DAOs. Now users can access Katana’s leading product suite from within their favorite multisig provider,” Menon added.
Currently, Katana has a total traded volume exceeding $484.67 million, with a total TVL surpassing $24.4M. Katana rose to prominence after the team won the Grand Prize at the Solana Ignition Hackathon last November. In addition, Katana recently raised $5 million in a seed round led by Framework Ventures with participation from other prominent investors. On the other hand, Zebec protocol raised $15 million in a private round raise as announced on February 22.
Katana aims to provide a unique opportunity for establishing a new yield generation primitive, as, according to them, the yield generation on Solana remains largely fragmented and manual. Learn more about Katana in this project insight by Abhinav Tiwari from Web3 Wire.
What is Katana:
Katana was created to build the yield generation primitive for Solana. The protocol has a suite of packaged yield products across the risk spectrum that enables users to access the best risk-adjusted yields in the ecosystem passively. Yields in Katana’s product suite are not dependent on liquidity mining programs, but instead, they rely on price action that will enable a diversified and more sustainable source of yield.
Find more about Katana here:
Website | Twitter | Medium | Documentation | Discord |
What is Zebec Protocol:
Zebec Protocol is Solana’s first programmable cash flow protocol, allowing for real-time and continuous streams of payments and financial transactions for payroll, investments, and other purposes. Zebec Protocol’s automatic money streams enable businesses, employees, and consumers to completely reimagine how they are paid, invest, and buy products or services.
Find out more about Zebec Protocol:
Source : web3wire.news
