what is katana ✨ @katana

katana is designed to provide defi users with two things they want most: deeper liquidity and higher yields

most chains fragment liquidity within them across multiple lending and DEX protocols that are fundamentally the same and multiple assets that represent the same underlying asset. katana's approach is different: with an opinionated approach to having only one lending protocol, one spot DEX, one perp DEX, with limited variations of blue chip assets, liquidity is deep and concentrated.

to make that happen, katana doesn't follow in the footstep of others: defi-native yield, protocol-native liquidity and sustainable incentives are all designed to reward active users who deepen liquidity rather than short-term farmers.

bridged assets become productive through vaultbridge. that yield is streamed back into the network to incentivize the use of core apps and hundreds of apps that'll be built on them. 100% of net sequencer fees (plus a portion of core app revenue) are used to ensure deep liquidity (and more yield) for core defi primitives. finally, decisions about emissions are governed by the network’s native voting token, vKAT.

it starts with vaultbridge

unlike most chains, on katana, bridge deposits are productive

with vaultbridge, deposits of ETH, USDC, USDT, and WBTC are routed into morpho vaults on ethereum. those assets are then deployed into low-risk, yield-generating strategies, with risk-curation handled by reputable risk managers like gauntlet and steakhouse. this yield-generating mechanism functions as one of the protocol-native revenue streams that cycles back to the network and provides the capital needed to sustain high yields for users of core apps

for users like you, boosted yield is your incentive to be active and deploy your assets into the network's core