Polygon has partnered with GSR to jointly launch the Katana network

ChainCatcher news, according to CoinDesk, Polygon and GSR jointly announced that their collaboratively developed DeFi blockchain Katana private mainnet has been launched.

Katana aims to address the current fragmentation of assets in the DeFi space by integrating liquidity from various protocols and aggregating multiple sources of yield. The network is built on Polygon's AggLayer platform and will interface with DeFi applications such as Sushi and Morpho, providing lending, trading, and yield generation functionalities.

Katana is currently in a limited user phase, opening up pre-deposit functions for ETH, USDC, USDT, and WBTC, giving participants the opportunity to earn KAT governance tokens. GSR is responsible for providing initial on-chain liquidity support, and the Katana public mainnet is expected to launch by the end of June.