Self described ‘defi-first’ Blockchain Katana has launched its main netnet after receiving $ 232 million in previous deposits.
The deposits were flooded after Katana was revealed to the public less than a month ago. Lar data shows that the deposited increased from $ 75 million to $ 2320 million between June 1 and June 30.
The depositors will receive random reward NFT called Krates, as well as a participation of 70 million kat tokens, Katana’s native token. After the launch, performance farmers can win more Kat by replacing platforms such as Morpho and Sushi.
Blockchain aims to resolve one of the biggest defi problems: liquidity.
The lack of liquidity can lead to a multitude of problems that include slipping, inefficient prices and unsustainable yields.
Some of the mechanisms that Katana will use to solve that the problems are Vaultbridge, which is a product that allows the generation of performance in assets deposited in Ethereum, as well as liquidity owned by the chain (Column)which allows Katana to retain 100% of net sequencer rates and turn them into liquidity reserves.
“Katana represents the end of the game of how Blockchains create Value in Defi,” said Marc Biron, Katana co-contracting in a press release.
The launch coincides with agricultural performance incentives, including tokens rewards for liquidity suppliers in Morpho and Sushi.
Despite being based on Ethereum, Katana is Blockchain Agnostic so that users can generate a blockchains performance like Solana through Katana’s collaboration with Jito, a liquid bet protocol.
UPDATE (June 30, 2025, 17:46 UTC): Updates to reflect new numbers in previous deposits.
