There were a huge amount of teams submitting 568 projects with over 6000 participants in the latest Solana Ignition Hackathon. The quality of the projects and teams were outstanding and really shows how the Solana ecosystem is moving at insane pace from strength to strength! Let’s review some of the notable contenders by reviewing the official Solana awards announcement post.
Announcing the Grand Champion
Katana Asset Management
Katana offers a suite of investment products across the risk spectrum, enabling users to passively access the best yield-generating opportunities on Solana. Katana’s goal is to offer sophisticated, sustainable, and composable yield products which users can mix and match to produce their desired exposure.
This is huge news for the Katana team who will receive the Grand Champion prize of $75,000 USD and will be getting tickets to the upcoming Solana Breakpoint Conference in Lisbon Portugal where they will present their project.
What the Katana will do
- Offer a comprehensive suite of investment products across the risk spectrum
- Develop and automate the best yield-generating strategies in DeFi
- Package strategies into composable vaults, enabling users to customize their exposure to fit their desired risk function
What Products will Katana Provide
Upcoming Katana Roadmap
- Initial vaults and strategies
- Mainnet launch
- Expanded strategy suite
- Exotic products
- Complete automation
- Full decentralization
This is great news for Katana and Solana! The Sol (Soul) train keeps on rolling!