Polygon, GSR Release Katana Network Tackle DeFi Fragmentation

Katana, a new decentralized finance (DeFi)-focused blockchain incubated by industry heavyweights Polygon and GSR, shared on Wednesday that its private mainnet has gone live.

The new layer-2 blockchain will unify “all liquidity in a set of protocols and collect yield from all potential sources," the team shared in a press release sent to CoinDesk. Katana's goal is "to power a self-sustaining DeFi engine for long-term growth,” it said.

Marc Boiron, the CEO of Polygon Labs, told CoinDesk that Katana emerged to address DeFi fragmentation, where digital assets are distributed across various apps and ecosystems, making certain types of investing cumbersome.

Katana was built using AggLayer — Polygon's platform for building interoperable blockchains. “One of the things that we want is a super deep liquidity hub on the AggLayer, so that every chain can tap into that,” Boiron said. “When you look across everything in crypto, what you realize is that there's actually no chain that's built very well for actually having deep liquidity.”

Katana aims to improve blockchain liquidity — including lending, trading, and yield bearing strategies — by integrating with popular apps like Sushi, a major decentralized exchange, and Morpho, a popular decentralized lending ecosystem.

Polygon Labs, the team behind the layer-2 network, helped design the chain, while GSR, the crypto market-maker, advised on the user experience and is lending liquidity to help get the platform off the ground. “We are providing the on-chain liquidity — or 'grease' — to make sure that people can actually use the chain on day one,” said Jakob Palmstierna, President at GSR.

Currently, Katana is open to a limited group of users. It includes a pre-deposit phase that allows users to park their ETH, USDC, USDT, and WBTC for a chance to win KAT tokens, the network's new governance and utility token.

Though activity is limited at this private stage, early deposits are being incentivized through a lootbox-style reward system. Katana's public mainnet is expected to arrive at the end of June.

Read more: Polygon Starts Aggregator Program, Successful Projects Will Airdrop Up to 15% Native Token to POL Stakers

63,13 k
0
Le contenu de cette page est fourni par des tiers. Sauf indication contraire, OKX n’est pas l’auteur du ou des articles cités et ne revendique aucun droit d’auteur sur le contenu. Le contenu est fourni à titre d’information uniquement et ne représente pas les opinions d’OKX. Il ne s’agit pas d’une approbation de quelque nature que ce soit et ne doit pas être considéré comme un conseil en investissement ou une sollicitation d’achat ou de vente d’actifs numériques. Dans la mesure où l’IA générative est utilisée pour fournir des résumés ou d’autres informations, ce contenu généré par IA peut être inexact ou incohérent. Veuillez lire l’article associé pour obtenir davantage de détails et d’informations. OKX n’est pas responsable du contenu hébergé sur des sites tiers. La détention d’actifs numériques, y compris les stablecoins et les NFT, implique un niveau de risque élevé et leur valeur peut considérablement fluctuer. Examinez soigneusement votre situation financière pour déterminer si le trading ou la détention d’actifs numériques vous convient.