- Sandeep Nailwal stated Polygon performed an enormous position within the adoption of ZK proofs, pointing to Katana’s fast DeFi development.
- Katana is presently stated to be the second-largest ZK rollup within the Polygon-linked ecosystem, with roughly $512 million locked up.
- The upcoming KAT token will lock within the governance, liquidity rewards, and costs to maintain Katana’s ZK DeFi flywheel working.
Polygon’s rising guess on zero-knowledge know-how is beginning to present tangible outcomes, as co-founder Sandeep Nailwal has drawn new consideration to Katana, a DeFi-focused Layer 2 that’s presently one of many largest ZK rollups within the Polygon surroundings.
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Polygon’s ZK stack now produces excessive TVL rollups
Over the previous few years, Polygon has established itself as a pacesetter in zero-knowledge scaling options and has made important investments in ZK rollup and interoperability infrastructure.
That focus is now taking form by Polygon Agglayer. Amongst them, Katana stands out, presently rating because the second largest ZK rollup in DeFi Complete Worth Locked (TVL), after Linea, in line with DefiLlama.
With a DeFi TVL of roughly $512 million, Katana ranks fifteenth total amongst layer 1 and layer 2 chains, behind established ecosystems akin to Aptos, Avalanche, and Sui.
ZK Tech has moved from principle to polygon-enabled rollups
The a16z crypto knowledge reveals how ZK know-how has developed from a theoretical mannequin within the Eighties to a sensible recursive implementation that drives blockchain scalability at this time.
From early proof techniques akin to SNARK and STARK to newer clear techniques and zkDSL, this subject is altering quickly. This pace has unlocked actual merchandise akin to privacy-preserving transfers, trustless rollups, and absolutely on-chain DeFi that doesn’t leak consumer knowledge.
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Katana is framed as the most recent expression of that development, as it’s a DeFi chain that’s stay, liquid, and a part of the aggregation layer. This tells builders that ZK is prepared for deployment and never experimental.
KAT token locks in governance, charges and DeFi liquidity
Central to Katana’s development is its upcoming native token, KAT, which can kind the core of governance, liquidity incentives, and payment distribution. The token’s design focuses on sustainability and ecosystem well being, with a complete provide of 10 billion models and an preliminary 9-month switch lock.
The preliminary distribution is focused at long-term members akin to POL stakers, preliminary depositors of the Krates vault, and customers taking part within the Turtle Membership on-chain yield program.
Katana’s ecosystem options built-in DeFi apps akin to Sushi for spot buying and selling, Morpho for lending, and Vertex for perpetual buying and selling, and is supported by on-chain liquidity to stabilize markets and reduce volatility.
Because the KAT token launch approaches, sturdy infrastructure backing, early liquidity program, and Polygon’s ZK-first imaginative and prescient make Katana a primary contender within the subsequent wave of the scalable DeFi ecosystem.
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