July 1, 2025
Katana Mainnet Goes Live As Pre-Deposits Hit $ 232m thumbnail
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Katana Mainnet Goes Live As Pre-Deposits Hit $ 232m

Depositors Will Receive Rewes Such As Randomized Nft “Krates” and A PORTION OF KAT TKENS.”, – WRITE: www.coindesk.com

Depositors Will Receive Rewes Such As Randomized Nft “Krates” and A PORTION OF KAT TKENS.Updated Jun 30, 2025, 5:55 pm PUBLISHED JUN 30, 2025, 5:00 PM

Self Described ‘DEFI-FIRST’ LAYER-2 BLOCKCHAIN ​​KATANA HAS LAUNCHED ITS MAINNET AFTER RECEIVING $ 232 Million in Pre-Deposits.

Deposits Flooded in after Katana wasa was revealed to the public less than a month ago. Defillama Data Shows that Deposted Jumped from $ 75m to $ 2320m Between June 1 and June 30.

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Depositors Will Receive Randomized Reward Nfts Called Krates, As Well As A Share of 70 Million Kat Tokens, Katana’s Native Token. UPON LAUNCH, YIELD FARMERS WILL BE ABLE Earn More Kat By Staking On Platforms Like Morpho and Sushi.

The Blockchain Aims to Solve One of Defi’s Largest Problems: Liquidity.

A Lack of Liquidity Can Lead to A Multitude of Issues Including Slippage, Invenational Prting and Unsustainable Yields.

Some of the Mechanisms Katana Will Use to Solve That Issues Is Vaultbridge, WHICH IS A PRODUCT THAT ENABLES YIELD Generation on Deposted Assets on Ethreum, Wel) ALLOWS KATANA TO RETAIN 100% OF NET SEQUENCER FEES AND CONVERT TheM INTO LIQUidity Reserves.

“Katana Represents the Endgame for How Blockchains Create Value in Defi,” Marc Boiron, Co-Contributor of Katana Said in A Press Release.

The Launch Coincides with Yield Farming InCentives Including Token Rewards for Liquidity Providers on Morpho and Sushi.

Despite Being Based on Ethereum, Katana is Blockchain Agnostic Sos Can Generate A Yield on Blockchains Like Like Solana Through Katana’s Collaboration with Jito, A Liquid Staking Protocol.

Update (June 30, 2025, 17:46 UTC): Updates to Reflect New Numbers in Pre-Deposits.

Oliver Knight

Oliver Knight is the Co-LEADER OF COINDESK DATA TOKENS AND DATA TEAM. Before joining coindesk in 2022 Oliver Spen Three Years As the Chief Reporter at Coin Riveet. He First Started Investing in Bitcoin in 2013 and Spen A Period of His Career Working at A Market Making Firm in the UK. He does not currently have any crypto holdings.

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Oliver Knight

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