Polygon-backed, DeFi-optimized Katana launches for institutional adoption
The Katana Foundation has launched a private mainnet for its DeFi-optimized blockchain, Katana, aimed at enhancing crypto asset productivity through improved liquidity and higher yields. The public mainnet is scheduled for launch in June. Katana addresses liquidity fragmentation in the crypto industry, which hampers institutional participation, by concentrating liquidity from various protocols to reduce price slippage. The liquidity pool includes protocols like Morpho, Sushi, and Vertex, allowing users to trade blue-chip assets without cross-chain transfers. Katana's ecosystem is designed to generate sustainable yields by reinvesting network fees and application revenue, distributing yields based on deposit shares. Regulatory uncertainty remains a significant barrier to institutional DeFi adoption, with 57% of surveyed investors citing it as a primary concern.
