Polygon, GSR Release Katana Network Tackle DeFi Fragmentation

Polygon, GSR Release Katana Network Tackle DeFi Fragmentation

Katana aims to improve blockchain liquidity — including lending, trading, and yield bearing strategies — by integrating with popular apps like Sushi and Morpho.

Polygon Labs and market maker GSR spin off DeFi-focused blockchain

Polygon Labs became a darling of the 2021 and 2022 crypto boom when it partnered with corporate stalwarts like Starbucks and Meta on various blockchain projects. But, as those brand-name companies quietly dropped their experiments amid the ensuing “Crypto Winter,” Polygon Labs searched for other ways to popularize its network. On Wednesday, the company, along with the crypto market making firm GSR, announced the launch of the newest blockchain i…

Polygon-backed Katana launches private mainnet with upcoming 15% KAT airdrop to POL stakers

Polygon-backed Katana Network has launched its private mainnet, with 15% of its upcoming KAT token supply set to be airdropped to POL stakers on Ethereum. On May 28, Polygon-backed Katana Network launched its private mainnet Katana aimed at unlocking deep…

Katana Blockchain Launches to Tackle DeFi Fragmentation

Polygon Labs and GSR have jointly introduced Katana, a newly developed blockchain designed to address inefficiencies in the decentralized finance (DeFi) sector. The project has officially gone live on a private mainnet, with plans to streamline liquidity and optimize yield generation across a focused set of applications. Katana’s core function is to alleviate the widespread issue of liquidity dispersion that typically hampers DeFi platforms. The…

News highlights: Polygon Labs and GSR launched Katana, a DeFi blockchain that concentrates liquidity and delivers optimized returns on a private mainnet. Deposits in ETH, USDC, USDT and WBTC during this phase will receive KAT tokens, unlockable in up to nine months. Katana operates with cdk-opgeth, connected to Agglayer de Polygon, and will integrate Morpho, Sushi, Vertex and cross-chain assets such as XRP and SOL. Polygon Labs and GSR have just…

Polygon-backed, high-yield blockchain launches for institutional adoption

The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users.The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch set for June.The new blockchain will enable users to earn higher …