Katana, a DeFi-first layer-2 blockchain, has officially launched its mainnet with over $200 million in productive Total Value Locked (TVL), marking it as one of the most capitalized layer-2 launches of the year. Developed by the Katana Foundation, the platform aims to facilitate high-yield DeFi activities at scale, integrating with decentralized exchanges like Sushi and lending protocols like Morpho to incentivize liquidity providers. Katana's unique model integrates yields from various sources, unlike traditional token incentives, and introduces productive TVL to measure capital efficiency, which accounts only for funds actively deployed in yield-generating strategies. The platform also allows the trading of non-EVM tokens like SOL and XRP through its partner Universal. CEO Marc Boiron highlighted that Katana's goal is to meet liquidity demands and enhance yield for users by actively deploying assets, turning idle funds into a self-sustaining economic engine. As part of its community-building efforts, Katana plans to airdrop 15% of its KAT token supply to Polygon token stakers, fostering deeper ties within the Ethereum ecosystem.

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