The “DEFI-STI” auto-blockchain of layer 2 Katana launched its MAINET after receiving $ 232 million in pre-deputters.
Deposits were flooded after Katana was revealed to the public less than a month ago. Defillama’s data show that deposited from $ 75 million to 2320 million dollars between June 1 and 30.
The depositors will receive NFT of randomized rewards called Krates, as well as a share of 70 million Kat tokens, the native Katana token. During the launch, return farmers will be able to earn more kat by punctuating platforms like Morpho and Sushi.
The blockchain aims to solve one of the biggest problems in defi: liquidity.
A lack of liquidity can lead to a multitude of problems, including a shift, ineffective prices and unsustainable yields.
Some of the mechanisms that Katana will use to resolve that problems are Vaultbridge, which is a product that allows the generation of elements on the assets deposited on Ethereum, as well as liquidity belonging to the chain (Col)which allows Katana to keep 100% of net sequencer costs and convert them into liquidity reserves.
“Katana represents the end of the way in which blockchains create value in DEFI,” said Marc Boiron, co-contributor of Katana in a press release.
The launch coincides with the incentives to agriculture of yields, including tokens rewards for suppliers of liquidity on Morpho and Sushi.
Despite being based on Ethereum, Katana is the agnostic blockchain so that users can generate a yield on blockchains like Solana thanks to Katana’s collaboration with Jito, a liquid ignition protocol.
UPDATE (June 30, 2025, 17:46 UTC):: Updates to reflect new numbers in pre-depices.
