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Machata, GSR Katana Network Tackle Defi Defi



Katana, a new decentralized financial (Defi)-participated-on which Blockchain focused on the heavy weights of the industry and GSR, on Wednesday that its Mainnet had become direct.

The new Layer-2 Blockchain will unite “All liquidity in a group of protocols and the collection of return from all possible sources,” the team participated in a press release sent to Coindsk. He said Katana’s goal is to “turn on the Defi engine that still has long -term growth.”

Mark Bonon, CEO of Polygon Labs, told Coindesk that Katana has appeared to process DEFI segmentation, where digital assets are distributed across various applications and ecosystems, making certain types of investment exhausting.

Katana was built using Agglayer – Polygon to build an inter -operating Blockchains Blockchains. “One of the things we want is a very deep liquidity center on Agglayer, so that each series can benefit from it,” said Boireon. “When you look through everything in encryption, what you realize is that in reality there is no very well designed chain because there is already deep liquidity.”

Katana aims to improve Blockchain liquidity – including lending, trading and spare strategies – by integrating with famous applications such as sushi, a major decentralized exchange, and Moro, a popular, decentralized ecosystem.

Polygon Labs, the team standing behind the Layer-2 network, helped the series design, while the GSR, the Crypto market, advised to experience the user and provide liquidity to help get the platform from the ground. “We offer liquidity on the series-or” grease “-to make sure that people can already use the chain on the first day,” said Jacob Paltienna, the president of GSR.

Currently, Kataana is open to a limited group of users. It includes pre -deposit that allows users to stop ETH, USDC, USDT and WBTC to get a chance to win Kat Tokens, the new distinctive network code and the utility code.

Although the activity is limited in this private stage, early deposits are stimulated through the Lootbox bonus system. Mainnet is expected to arrive in Katana at the end of June.

Read more: Polygon program begins with the collection program, successful projects will broadcast the original distinctive symbol by 15 % to Pol Stakers




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