Knit on the very biggest needles there are and using a simple eyelet stitch, the Graffiti Wrap is a great baby-steps introduction to lace knitting.
This lace stitch really gets the most mileage out of the yarn. Try the same pattern with smaller yarn and needles, and you will get a more delicate lace. I love using this lace pattern in just about everything! (See the Lace Beret and Lacy Beret: Chunky Edition)
Materials: US size 35 or 50 needles, 2 balls Katia Inca
Cast on 25 sts.
Row 1: Slip the first stitch knitwise, purl remaining stitches.
Row 2: Slip the first stitch purlwise, k1, *yo, k2tog. Repeat from * until 1 st remains, k1.
Repeat rows 1 and 2 until desired length. (I used about 1 and a half balls.) Cast off loosely. Weave in ends.