Katana: New DeFi Chain by Polygon & GSR 🚀
Polygon Labs and GSR have introduced Katana, a blockchain optimized for decentralized finance (DeFi), which begins its journey on a private mainnet. This launch is accompanied by the formation of the Katana Foundation to foster collaborations with major projects like the Conduit rollup platform and Chainlink crypto oracle. Katana aims to consolidate liquidity into a set of protocols, minimizing slippage and providing stable borrowing and lending rates, thus powering a self-sustaining DeFi ecosystem. Users can preregister by depositing funds to earn Katana's native KAT tokens, with a public launch anticipated in June. Constructed with a modified OP Stack called cdk-opgeth, Katana is linked with Polygon’s zero-knowledge technology. GSR adds to the initiative with liquidity and cross-chain support. Katana’s introduction includes partnerships with protocols like Morpho, Sushi, and Vertex, supporting assets such as AUSD, LBTC, and weETH. Additionally, the cross-chain platform Universal offers access to assets like XRP and SOL.
FAQ
❓ How can I earn Katana's native KAT tokens?
Users can earn KAT tokens by pre-depositing ETH, USDC, USDT, or WBTC during the private mainnet phase.
❓ What technologies underpin Katana's blockchain?
Katana uses a custom version of OP Stack, known as cdk-opgeth, and incorporates Polygon's zero-knowledge technology.
❓ What is the role of the Katana Foundation?
The Katana Foundation aims to foster collaboration with projects, including Conduit and Chainlink, for ecosystem growth.