Katana Launches Mainnet After Securing $180 Million in Pre-Deposits
The layer-2 blockchain Katana has launched its mainnet, attracting $180 million in pre-deposits shortly after its public reveal. Key points include:
- Deposits increased from $75 million to $180 million since June 1.
- Depositors will receive randomized NFTs called Krates and a share of 70 million KAT tokens.
- Yield farmers can earn additional KAT by staking on platforms like Morpho and Sushi.
- Katana addresses liquidity issues in DeFi, which can cause slippage and inefficient pricing.
- Mechanisms such as VaultBridge enable yield generation on Ethereum assets.
- Chain-owned liquidity allows retention of net sequencer fees for liquidity reserves.
- Katana collaborates with Jito to facilitate yield generation on other blockchains like Solana.
Katana aims to enhance value creation in DeFi.