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The Katana Mainnet is officially launched, and a 1 billion KAT Token incentive program is activated.
PANews, July 1 news, the Katana Mainnet incubated by Polygon and GSR has officially launched, with a pre-deposit exceeding $240 million. At the same time, a two-year liquidity mining incentive program of 1 billion KAT Tokens has been launched, allowing users to participate in yield mining and other DeFi activities through the Katana application. Currently, users can bridge core assets (such as USDC, USDT, AUSD, and ETH) through the Katana beta application and perform deposits, yield, and asset management on the platform. In the coming days, the native bridging function supporting assets like WBTC and WETH will be launched. Katana's core economic mechanisms include VaultBridge, on-chain own liquidity (CoL), and AUSD, aimed at providing deep liquidity and sustainable yields. Early deposit users have begun earning yields through the Yearn V3 vault, while enjoying KAT token rewards and additional incentives from Morpho and Sushi. According to the plan, the KAT Token will be unlocked on or before February 20, 2026, at which time holders can become vKAT holders by staking KAT and participate in the governance and profit distribution of the liquidity pool. According to previous reports, the Katana chain incubated by Polygon and GSR has officially launched, and Katana will airdrop approximately 15% of KAT Tokens to users.