Layer 2 network Katana, focused on the DeFi segment, has officially launched its mainnet. The project went live less than a month after its public debut, securing $2.32 billion in pre-deposits.
Investor Interest and Reward Mechanics
According to DefiLlama, between June 1 and June 30, the total value locked in Katana grew from $75 million to $2.32 billion. Participants will receive unique Krates NFT rewards, as well as a share of 70 million $KAT tokens - the network’s native asset. Additionally, users can earn extra $KAT by staking through platforms such as Morpho and Sushi.
Katana positions itself as a next-generation blockchain for DeFi, with a core focus on solving liquidity challenges.
What Makes Katana Different
The platform has introduced several mechanisms to address common inefficiencies in DeFi infrastructure, including high slippage, poor pricing mechanisms, and unstable yields.
One such tool is VaultBridge, which enables yield generation from base assets locked in Ethereum. Another innovation is chain-owned liquidity (CoL), which allows Katana to retain 100% of network-generated fees and reinvest them into liquidity.
Cross-Ecosystem Compatibility
Despite being built on Ethereum, Katana remains blockchain-agnostic. Through its partnership with Jito, a liquid staking provider on Solana, users can also earn returns across other networks.
According to Marc Boiron, one of the project’s co-developers, Katana “represents the final form of how blockchains generate value in DeFi.”
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.