Katana mainnet launches with $1 billion in KAT incentives, backed by Polygon Labs and GSR

Katana, a DeFi‑focused Layer 2 blockchain incubated by Polygon Labs and trading firm GSR, has launched its public mainnet along with a $1 billion KAT liquidity mining program spread over two years. The chain, built using Polygon’s Agglayer CDK on Ethereum, aims to concentrate deep liquidity and offer sustainable yield by routing user deposits into integrated DeFi protocols through its “VaultBridge” and chain‑owned liquidity model. At launch, Katana supports core assets such as USDC, USDT, AUSD, and ETH, with BTC and additional tokens to follow, and allows users to bridge assets, farm yield, borrow, trade, and track rewards through a single app interface. A total of 1 billion KAT tokens, equal to 10% of the 1.5 billion KAT supply, is earmarked as incentives across core apps over two years, with major allocations to SushiSwap, Morpho, and future products like a perpetual DEX and launchpad. Rewards accrue in real time in the Katana app but stay locked until KAT becomes transferable; once transferable, KAT can be staked for vKAT, giving holders voting power over future emissions. The mainnet launch follows a private mainnet phase in late May and a pre‑launch campaign that attracted over $200 million in deposits, highlighting early demand for Katana’s yield‑aggregating DeFi architecture. As a graduate of Polygon’s Agglayer Breakout Program, Katana has also set aside 15% of its token supply for an airdrop to POL stakers, aligning incentives with the broader Polygon ecosystem. With backing and incubation from Polygon Labs and GSR, integrations with protocols such as Yearn, Sushi, and Morpho, and infrastructure partners like Chainlink, Fireblocks, and Safe, the launch positions Katana as a new liquidity hub competing with other Ethereum Layer 2s for DeFi volume and yield‑seeking users.

✨ AI-generated background, compiled from web sources — not editorial content.

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