Katana Homecoming Campaign Terms and Conditions
Effective: 12 November 2026 · Version: 1.0
NO PURCHASE, PAYMENT OR DEPOSIT IS NECESSARY TO ENTER OR WIN THE PRIZE DRAW. VOID WHERE PROHIBITED.
1. Organizer and acceptance
1.1 The Katana Homecoming Campaign (the "Campaign") is offered by The Katana Services (Cayman) Ltd. (the "Foundation", "we" or "us") under these terms and conditions (the "Terms"), through app.katana.network/campaigns/blast-homecoming (the "Campaign page").
1.2 These Terms govern the Campaign and apply to anyone who connects a wallet to the Campaign page, makes a Deposit, sends a free entry under section 5.7 or otherwise takes part. They are in addition to, and incorporate, the Foundation’s Terms and Conditions (the "Terms of Use") and Privacy Policy. Where they conflict on how the Campaign works, these Terms prevail. The Terms of Use’s governing-law, arbitration, class-action waiver, indemnity, disclaimer and limitation-of-liability provisions always apply.
1.3 If you do not want these Terms to apply to you, do not take part.
2. Campaign period
2.1 Deposits open at 17:00 UTC on 12 November 2026 and close at 00:00 UTC on 26 November 2026 (the "Deposit Window"), or earlier if the Reward Budget in section 5.5 is fully committed.
2.2 Each Deposit is locked for 30 days from the block in which it is made (the "Lock Period"). The last Lock Period ends at 00:00 UTC on 26 December 2026.
2.3 The Prize Draw in section 5.9 takes place on or around 28 December 2026.
2.4 All times are measured by the block timestamp on the Katana network (chain ID 747474).
3. Eligibility
3.1 The Campaign is open to:
- (a) wallets on the Katana Blast snapshot list (the "Snapshot"): Blast wallets with at least $1,000 lifetime DEX volume, or at least $500 NFT volume, measured from 28 February 2024 to 26 September 2025; and
- (b) any wallet that first reaches the Campaign page through a valid referral link from a wallet on the Snapshot (a "Referee"). A Referee may take part but may not refer other wallets.
3.2 You must also:
- (a) be at least 18 years old, or the age of majority where you live if higher;
- (b) not be a resident, national or agent of, or located in, a Giveaway-Excluded Jurisdiction under section 23.3 of the Terms of Use. These include the United States and its territories, the United Kingdom, Mainland China, the Province of Quebec, South Korea, Singapore, Russia, Belarus, and any country or region under comprehensive US, UN, UK or EU sanctions (together, "Restricted Territories");
- (c) not be on, or owned or controlled by anyone on, a sanctions list kept by the US, UK, EU or UN;
- (d) not use a VPN or other privacy or anonymization tool to get around any restriction in these Terms;
- (e) not be an employee, contractor or affiliate of the Foundation or a Campaign partner, or a member of their immediate family or household; and
- (f) control a self-custodied wallet able to receive KAT and Vault tokens on Katana and UP on Base at the same address. Multi-signature and smart-contract wallets may not be able to receive UP on Base (see section 5.2).
The Campaign is void where prohibited or restricted by law, including where the Prize Draw would require a registration or license the Foundation does not hold.
3.3 The Foundation decides Snapshot membership from its own data. Its decision is final and not open to appeal.
3.4 Only eligible wallets may take part. A Deposit made directly to the Campaign Contract, without the Campaign page, is still subject to these Terms. Any reward paid to a wallet that is not eligible is paid in error under section 5.15 and must be returned on request, and that wallet’s Prize Draw entries are void.
3.5 Wallet screening. The Foundation may screen wallets with third-party blockchain-analytics tools. It may refuse, block or freeze participation linked to sanctioned or illicit funds where the law requires.
4. How to participate
4.1 To participate, an eligible wallet deposits vbUSDC during the Deposit Window into the smart contract the Foundation makes available through the Campaign page (the "Campaign Contract") (a "Deposit").
4.2 The Campaign Contract deposits your vbUSDC into the Superform vault (the "Vault"), a third-party product, and holds the resulting Vault tokens for the Lock Period.
4.3 The minimum Deposit is 1 USDC, and there is no maximum. You may make any number of Deposits, and each Deposit has its own Lock Period, reward, Early-Exit Fee (section 4.6) and maturity date.
4.4 Maturity. When a Lock Period ends, the Campaign Contract sends to your wallet the Vault tokens it holds for that Deposit, up to the number it calculates as equal to the Deposit’s principal at the Vault’s share price at maturity. The Foundation will try to send them automatically. If it has not, you may claim them yourself from the Campaign Contract after maturity. If the Vault has lost value, you receive only the Vault tokens held for your Deposit. The Foundation does not guarantee their value and does not make up any shortfall.
4.5 Vault yield. All yield the Vault earns on your Deposit during the Lock Period belongs to the Foundation. Yield earned after Vault tokens reach your wallet is yours, under the Vault’s own terms.
4.6 Early exit. You may exit a Deposit, in whole or in part where the Campaign page allows, before maturity. On any early exit:
- (a) you receive Vault tokens for the principal withdrawn, less a fee of 1% of the principal withdrawn (the "Early-Exit Fee"), which goes to the Foundation treasury as Vault tokens. The shortfall rule in section 4.4 applies;
- (b) you keep the rewards already paid; and
- (c) Prize Draw entries earned from the principal withdrawn are void.
The Early-Exit Fee is the same whenever you exit before maturity. Any principal not withdrawn stays locked until its original maturity, and early exit from one Deposit does not affect your other Deposits.
4.7 Admin rights. The Foundation holds the administrative rights over the Campaign Contract and the rewards service that it considers necessary to operate, secure, pause, upgrade or end the Campaign, and may use them at any time as permitted by law.
5. Rewards
5.1 Rewards. Each Deposit earns a one-time promotional reward worth 0.9863% of the Deposit’s USD value (the "Reward Rate"). Half is paid in KAT on Katana and half in UP, the Superform token on Base (contract 0x5b2193fdc451c1f847be09ca9d13a4bf60f8c86b). Each half is converted at the price the Foundation determines for the time of the Deposit.
5.2 Payment. The Foundation’s rewards service sends both halves to the depositing wallet, normally within 1 hour of the Deposit confirming: KAT on Katana and UP to the same address on Base. You must control that address on Base. Smart-contract and multi-signature wallets often do not exist at the same address on another chain, and UP sent to such an address may be lost. The amounts shown on the Campaign page before you deposit are estimates. The amounts the rewards service calculates under section 5.1 are final. If a payment fails or is delayed, the Foundation will retry it, and you do not lose the reward because of the delay.
5.3 The rewards are yours once sent, whether or not you complete the Lock Period, and they are still sent if you exit early before they arrive.
5.4 The rewards are a one-time promotional incentive. They are not a share of the Foundation’s revenue and give no right to further payments. The Foundation makes no promise about the present or future value of KAT or UP. UP is issued by Superform, which the Foundation does not control, and Superform’s own terms may apply to it.
5.5 Reward Budget. Total rewards, KAT and UP together, are capped at about $100,000, each valued at the price used for it (the "Reward Budget"). Once the Reward Budget is committed, the Foundation closes the Deposit Window. Rewards are first come, first served, and a Deposit accepted before the window closes earns its full reward.
5.6 Prize Draw entries. The Foundation sponsors a draw for one Prize (the "Prize Draw"). Each eligible wallet earns:
- (a) 1 entry per full $500 of its own Deposits, counted across all its Deposits; and
- (b) 1 entry per Referee whose Deposits total $100 or more.
An entry is void if the principal it came from exits early. A referral entry is void if the Referee’s remaining Deposits fall below $100. A referral is credited to the wallet whose referral link the Referee first used to reach the Campaign page. Self-referral is not allowed.
5.7 Free Alternative Means of Entry (AMOE). No purchase, payment or Deposit is needed to enter or win the Prize Draw. To enter free:
- Hand-print on a plain 3" x 5" card your full name, email address, country of residence, date of birth, and a self-custodied wallet address that is eligible under section 3.
- Mail it in a stamped, hand-addressed envelope to: Bell Labs, LLC, attn: Katana Foundation, 2108 N St, STE 8426, Sacramento, CA 95816-5712.
- Each valid card earns 1 Prize Draw entry, the same as the smallest Deposit that earns an entry. Limit one card per person per calendar week. Cards must be postmarked from 12 November 2026 to 19 December 2026 and received by 24 December 2026.
- AMOE entries have the same chance of winning as Deposit entries and go through the same review in section 5.10. Your only cost is postage.
- Mechanically reproduced, illegible, incomplete or duplicate cards, and cards without a valid wallet address, are void. One person may not enter through multiple identities.
5.8 Entries have no cash value and cannot be transferred.
5.9 Prize Draw. After the last Lock Period ends, the Foundation draws one valid entry by a verifiably random method and keeps an audit log of the draw. The holder of that entry wins one Tesla Cyberquad for Kids (Model 915), approximate retail value US$1,650 excluding shipping (the "Prize"). Odds of winning depend on the number of valid entries. The Foundation screens the winning wallet against sanctions lists before delivery, and may publish the result and the entry list by wallet address.
5.10 Integrity review. Before or after the draw, the Foundation may review any wallet, including the winning wallet, for cheating, sybil activity, bot activity or breach of these Terms. The Foundation decides whether a wallet has cheated, in its sole discretion acting in good faith. It may remove any wallet from the entry list before the draw, disqualify a winner and rerun the draw, or reclaim the Prize (or its cash value) if it finds cheating after delivery.
5.11 Claiming. The Campaign page shows the winning wallet a message. The winner must email claim@katana.network within 14 days and complete the Foundation’s identity, age, eligibility, wallet-control and shipping checks. If they do not, they forfeit the Prize and the Foundation reruns the draw.
5.12 Delivery. The Prize is non-transferable. If the Prize becomes unavailable, or the Foundation cannot lawfully or practically deliver it to the winner’s location, the Foundation may substitute a cash alternative or a prize of similar value. The winner pays any import duties, delivery charges the Foundation does not cover, and taxes.
5.13 Prize use. The manufacturer intends the Prize for riders aged 9 to 12. The winner is responsible for its safe, supervised use under the manufacturer’s instructions and local law. The Foundation gives no warranty for the Prize. Only the manufacturer’s warranty, if any, applies.
5.14 Canada. A winner resident in Canada must correctly answer a time-limited mathematical skill-testing question, without help, before receiving the Prize. A wrong answer forfeits the Prize and the draw is rerun.
5.15 Errors. If a bug, oracle error or other malfunction pays more KAT or UP, or credits more entries, than these Terms provide, the Foundation may void the excess entries and ask you to return the excess. A participant who knowingly exploits an error is disqualified under section 6.
6. Prohibited conduct
6.1 You must not:
- (a) use multiple wallets, scripts, bots or coordinated accounts to inflate Prize Draw entries, or create referral entries (sybil activity);
- (b) refer yourself, or refer wallets you own or control;
- (c) attempt to manipulate the price of KAT or UP, or any price source or oracle used for the Campaign;
- (d) exploit any bug, error or unintended behavior in the Campaign Contract, the Campaign page or the Vault, instead of reporting it to security@katana.network;
- (e) deposit funds that are proceeds of crime or come from a sanctioned source; or
- (f) otherwise act in bad faith or against the purpose of the Campaign.
6.2 If the Foundation determines, in its sole discretion acting in good faith, that a wallet has breached section 6.1 or section 3, it may at any time and without notice void that wallet’s Prize Draw entries, remove it from the entry list, disqualify it from the Prize, block it on the Campaign page, and take any other step the law allows. Except where the law requires otherwise, this does not affect the return of Vault tokens under section 4.
6.3 Linked wallets. The Foundation may treat wallets it reasonably believes are owned, controlled or funded by the same person as one participant, and apply section 6.2 to all of them. In deciding, it may use any information available to it, including Snapshot sybil and bot flags, funding sources, transaction timing, the referral graph and third-party analytics.
6.4 The Foundation’s decisions on eligibility, cheating, linked wallets, entries and the Prize Draw are final. The Foundation need not disclose its evidence or methods.
6.5 Referrers and promoters. Referrers, influencers and other promoters are not the Foundation’s agents. What they say about the Campaign is their own, is not authorized by the Foundation, and does not change these Terms. Anyone paid by the Foundation to promote the Campaign must disclose that payment as advertising rules require.
7. Risks and no advice
7.1 Participation involves risk, and you may lose some or all of your Deposit. The risks include:
- (a) Smart contract risk. The Campaign Contract, Vault Bridge, the Vault and the Katana network may contain bugs or be exploited, even after audit.
- (b) Third-party risk. The Vault is operated by Superform and its underlying strategies, not by the Foundation. The Foundation does not control or guarantee the Vault.
- (c) Value risk. You are returned Vault tokens, not USDC or vbUSDC. If the Vault loses value, the Vault tokens returned may be worth less than your Deposit, and the Foundation does not cover the difference. Their value and redeemability after return depend on the Vault.
- (d) Lock risk. Your funds are locked for 30 days. Leaving early costs the Early-Exit Fee.
- (e) Token risk. KAT and UP are volatile and may lose value. The price used for your reward may differ from the price on any particular venue.
- (f) Bridge and network risk. Bridging, congestion, outages on Katana or Base, oracle failure or chain reorganization may delay or prevent transactions.
- (g) Regulatory risk. Changes in law may affect the Campaign, KAT, UP or your ability to take part.
7.2 Nothing in the Campaign is financial, investment, legal or tax advice. You take part on your own judgment and at your own risk.
7.3 You alone control your wallet and private keys. The Foundation cannot reverse transactions or recover lost keys.
8. Taxes
8.1 You are responsible for any tax on KAT or UP rewards, the Prize, the Early-Exit Fee or any other gain or loss from the Campaign. The Foundation does not withhold tax for you, except where the law requires it.
8.2 The Foundation may ask the winner for tax information before delivering the Prize.
9. Changes, suspension and termination
9.1 The Foundation may at any time, with or without notice, change these Terms, the Reward Budget, the Deposit Window or the Prize, or suspend or end the Campaign. Changes do not reduce rewards already paid or alter the Lock Period or Early-Exit Fee of a Deposit already made.
9.2 If the Campaign Contract is paused or ended, the Foundation will make reasonable efforts to let each depositor recover the Vault tokens held for their Deposits. It does not guarantee their value.
10. Liability and indemnity
10.1 Sections 16 to 19 of the Terms of Use (indemnity, disclaimers, exclusion of damages and limitation of liability) apply to the Campaign, including your indemnity for any breach of these Terms and the $100 cap on the Foundation’s aggregate liability. The Campaign, the Campaign page and the Campaign Contract are provided "as is" and "as available".
10.2 The Foundation is not liable for loss caused by third-party protocols (including Superform and Vault Bridge), network failures, or the security of your wallet or keys. Section 2 of the Terms of Use, including its waiver of claims relating to third-party vaults and protocols, applies.
10.3 Nothing in these Terms limits liability that cannot be limited by law, or your statutory rights as a consumer.
11. Data and privacy
11.1 The Foundation uses wallet addresses, on-chain activity, Snapshot data, referral links and AMOE card details only to run the Campaign, check eligibility, count entries, prevent abuse and deliver the Prize.
11.2 If you give an email address or Telegram handle, the Foundation uses it only for Campaign notices (deposit confirmation, maturity, Prize Draw), unless you agree otherwise.
11.3 The Foundation may publish Prize Draw results and entries by wallet address only. It will not publish names or other identity details without consent, except where the law requires a winner list, which is available on request to support@katana.network. Shareable cards generated on the Campaign page are public only once you share them.
11.4 Retention. The Foundation deletes AMOE cards and other entry data 45 days after it publishes the Prize Draw result, in line with section 23.13 of the Terms of Use. It keeps winner verification data only as long as the law requires, and uses date of birth only to confirm age.
11.5 You may ask to access or delete your personal data at support@katana.network, subject to the law. The Foundation’s Privacy Policy applies to all personal data collected for the Campaign.
12. Governing law and general
12.1 These Terms are governed by the laws of the British Virgin Islands (section 21 of the Terms of Use). Disputes are resolved by binding individual arbitration seated in Zug, Switzerland, with a class-action waiver (section 20 of the Terms of Use).
12.2 If any part of these Terms is invalid, the rest stays in force.
12.3 The Foundation’s failure to enforce a term is not a waiver of it.
12.4 You may not transfer your rights under these Terms. The Foundation may transfer its rights to an affiliate.
12.5 If these Terms are translated, the English version governs.
12.6 No affiliation. The Campaign is not sponsored, endorsed or administered by, or affiliated with, Blast or Tesla. Blast and Cyberquad are trademarks of their owners, used only to describe eligibility and the Prize.
12.7 Survival. Sections 6, 7, 8, 10, 11 and 12 survive the end of the Campaign.
12.8 Contact. support@katana.network, or write to the AMOE address in section 5.7.