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Coin Telegraph

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Image Credit: Coin Telegraph

Polygon-backed, high-yield blockchain launches for institutional adoption

  • The Katana Foundation, a nonprofit focused on DeFi development, is launching its private mainnet to unlock greater crypto asset productivity for users.
  • Katana, a DeFi-optimized blockchain incubated by GSR Markets and Polygon Labs, aims to provide higher yields and sustainable liquidity to users.
  • Institutional participation in DeFi is expected to triple in the next two years, with Katana addressing liquidity needs by pooling multiple protocols and assets.
  • Katana plans to compound DeFi yield from Ethereum-based opportunities, reinvesting network fees, and revenue back into its ecosystem to create a stable yield environment.

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