Defi-native chain Katana goes live with real yield design and support in crosschain
Katana, a new defi-first layer-2 blockchain, has lived on Mainnet with over $ 200 million in pre-deposits just weeks after the public, making it one of the most capital debuts of any network-2 network this year, according to an announcement on Monday.
Developed by the Katana Foundation, the Polygon Agglayer Breakout Program graduate was designed to support high yield decentralized financial activity on the scale. Katana incorporates the decentralized exchange of sushi and lending protocol Morpho, which offers incentives to liquidity providers.
Unlike traditional models that release new tokens to be incentive to participate, Katana’s design incorporates yields from many sources, including Vaultbridge techniques, which allow users to earn folk Ethereum yield inside the Katana ecosystem, chain-owned chain-owned ecosystems.
Through its launch partner, universal, Katana allows the trading of popular non-etereum virtual machine tokens such as Sol (Sol), XRP (XRP) and sui (Sui) direct onchain. Universal is also integrated with Coinbase Prime to support grade-institutional custody and intimination of supported properties without the need for decentralized exchange-based pre-seeded liquidity.
Related: Polygon-back, high-yield blockchain Katana launches for institutional adoption
Talking to Cointelegraph, Marc Boiron, CEO of Polygon Labs, said Katana’s main goal was “to meet the demands of ingglayer ecosystem while meeting users’ needs for deeper liquidity and higher yields.”
“The properties are not only idle-actively deployed, they are driving real use, sequencer fees and app level fees, all of which are back to maintaining deeper liquidity,” he added.
Katana has been marked around 15% of Katen’s token extract for an upcoming airdrop in polygon (Pol) token stakers, including those who hold liquid staking derivatives. The move aims to reward early supporters and deepen relationships with the wider modular Ethereum ecosystem.
Katana measures the effectiveness of asset with productive TVL
Katana introduces a new benchmark for measuring the efficiency of the Defi Capital: productive total amount locked (TVL). Unlike traditional metrics that monitor property-owned deposits, TVL productive is only account for capital that is actively deployed to techniques that make up yield or core defi protocols. Leading the Mainnet launch, Katana has accumulated more than $ 200 million in TVL’s productive.
Katana said its coordinated yield mechanisms are becoming a passive capital in a self-circulate economic engine. Vaultbridge has redirected bridged assets such as Ether (Eth), USDC (USDC), USDT (USDT) and WBTC (Wbtc) in positions that carry offchain yield, especially to Ethereum. These returns have returned to the pools of Katana’s Onchain Defi, which benefits users who keep their genitals. Liquidity owned by the chain aims to ensure that the order fees are constantly recycled to liquidity reserves.
Boiron explained the benefits of “productive TVL” to Cointelegraph, saying “it gives a clearer picture of what’s really happening behind the scenes.”
He added, “it reflects actual use, economic efficiency and long -term maintenance.”
Launching follows recent advances in Defi’s infrastructure, including Agora’s Ausd. These flows, combined with the smart yield of Katana, form the foundation of the productive TVL model.
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