not all yield is equal, a lot of chains thrive off of short/mid-term incentives, attract TVL but it's not sustainable and it deflates after the incentives run out or are cut off
in my opinion @katana has taken another angle, making sure to lay a solid foundation with yield from VaultBridge & treasury revenues that are redirected back to users, lending/borrow yields, liquid staking tokens and more, and on top of this yield we are blessed with KAT incentives
I still have quite a bit of capital parked and looking forward to see how the protocol develops
I will add that I've been working with the Katana team for some time on their GTM & bringing attention to some of their developments
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