Katana, a new DeFi-first blockchain, successfully launched on mainnet with over $200 million in pre-deposits, making it one of the most capitalized debuts this year.
Katana Launch and Integrations
Developed by the Katana Foundation, Katana announced the launch of its mainnet, offering support for high-yield decentralized financial activity. It integrates with decentralized exchange Sushi and lending protocol Morpho, providing additional incentives for liquidity providers.
Productive TVL and Its Significance
Katana introduces a new standard for measuring capital efficiency in DeFi — productive total value locked (TVL). This metric only accounts for capital actively deployed in yield-generating strategies. Ahead of its mainnet launch, Katana accumulated over $200 million in productive TVL.
Future Plans and Rewards
Katana plans to allocate around 15% of its KAT token supply for an upcoming airdrop to Polygon token stakers. This move aims to reward early supporters and strengthen ties to the broader Ethereum ecosystem.
The launch of Katana's mainnet highlights the growing interest in decentralized finance and new approaches to capital efficiency. Its unique yield mechanisms and productive TVL model could significantly influence the future of DeFi.