Sandeep Nailwal announces Katana mainnet launch with $240M in assets
@sandeepnailwal: Katana launches on mainnet
Sandeep Nailwal, co-founder of Polygon, announced the launch of Katana on its mainnet, marking a new era for Decentralized Finance (DeFi).
Katana, which has integrated Agglayer's Vault Bridge, aims to revolutionize yield generation for users. In a matter of three weeks, Katana has already attracted over $240 million in pre-deposited productive assets.
Nailwal highlights that Katana’s launch signifies a transformative phase for DeFi, bringing innovative methods to facilitate users in earning yields on their digital assets. The collaboration with Agglayer is expected to strengthen Katana's position in the rapidly evolving DeFi landscape.
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Katana’s rapid ascent underscores Polygon’s expanding influence in the web3 ecosystem, a trend highlighted during its emergence as a pivotal hub in web3 finance. Against the backdrop of these transformative developments, industry observers continue to monitor Nailwal’s outlook for a potential resurgence for Polygon as it forges ahead in the evolving DeFi landscape.
In the previous news, tweet author Sandeep Nailwal discussed layer-2 solutions and their impact on blockchain scalability.
