Katana Mainnet Goes Live as Pre-Deposits Hit $180M
2025-06-30 17:21:02
Main Idea
Katana, a 'DeFi-first' layer-2 blockchain, has launched its mainnet with $180 million in pre-deposits, offering rewards like NFTs and native tokens to depositors and aiming to solve liquidity inefficiencies in DeFi.
Key Points
1. Katana's mainnet launched after securing $180 million in pre-deposits, up from $75 million previously.
2. Depositors receive randomized NFT 'Krates' and a share of 70 million KAT tokens, Katana's native currency.
3. Yield farmers can earn additional KAT by staking on platforms like Morpho and Sushi.
4. Katana aims to address DeFi liquidity issues, including inefficient pricing and unsustainable yields, by leveraging chain-owned liquidity (CoL).
5. The blockchain is Ethereum-based but agnostic, allowing interoperability with other protocols like Jito.
Description
Self described 'DeFi-first' layer-2 blockchain Katana has launched its mainnet after receiving $180 million in pre-deposits. Deposits flooded in after Katana was revealed to the public less than a month ago. DefiLlama data shows that deposited jumped from $75M to $180M between June 1 Depositors will receive randomized reward NFTs called Krates, as well as a share of 70 million KAT tokens, Katana's native token. Upon launch, yield farmers will be able earn more KAT by staking on platforms like Mo...
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