Self-described ‘FIRST’ LAWER-2 BLOCKCHIN KATANA has launched its mainnet after receiving $ 232 million in pre-deposits.
Deposits flooded after Katana was revealed to the public less than a month ago. Defillama data shows that deposited jumped from $ 75 million. To $ 2320 million Between June 1 and June 30.
Deposits will receive randomized reward NFTs called Krates as well as a proportion of 70 million cat -tokens, Katana’s native token. At the launch, the yield farmers will be able to earn more cat by sitting on platforms like Morpho and Sushi.
Blockchain aims to solve one of the greatest problems of defense: liquidity.
Lack of liquidity can lead to a number of problems, including sliding, ineffective pricing and unsustainable yields.
Some of the mechanisms Katana will use to solve that the problems are Vaultbridge, which is a product that enables yield of generation on deposited assets at Ethereum, as well as chain owned liquidity (Col)which allows Katana to retain 100% of Net Sequencer fees and convert them into liquidity reserves.
“Katana represents the playoffs for how Blockchains create value in Defi,” Marc Boiron, co-Contributor of Katana, said in a press release.
The launch coincides with yield breeding incentives, including token rewards for liquidity providers at Morfo and Sushi.
Despite being based on Ethereum, Katana Blockchain is a magnuotics, so users can generate a dividend on blockchains like Solana through Katana’s collaboration with Jito, a Liquid Stake Protocol.
Update (June 30, 2025, 17:46 UTC): Updates to reflect new numbers in pre-deposits.
