Katana的Mainnet發射：Defi存款和生產性TVL的新時代

卡塔納（Katana）的主網是現場直播，擁有大量的defi礦床，並引入了革命性指標的“生產性TVL”。這是Defi的未來嗎？

Hold onto your hats, DeFi enthusiasts! Katana, the new layer-2 blockchain designed for DeFi, just burst onto the scene with a mainnet launch that's got everyone talking. With over $200 million in pre-deposits, Katana is making a splash by rethinking how liquidity and yield are generated and measured.

戴上帽子，defi愛好者！ Katana是為Defi設計的新型2層區塊鏈，只需通過Mainnet發射即可到達現場。 Katana擁有超過2億美元的居民，通過重新思考如何產生和衡量流動性和收益率來引起轟動。

What is Katana?

什麼是武士刀？

Katana isn't just another blockchain; it's a DeFi-first, vertically integrated chain designed to concentrate liquidity and generate sustainable yields. Think of it as a finely tuned engine built to maximize the output of every dollar you put in. It distinguishes itself from other general-purpose blockchains by focusing on a curated stack of core protocols, including Morpho for lending, Sushi for trading, and Vertex for perps, all working in harmony.

Katana不僅僅是另一個區塊鏈。這是一款旨在集中流動性並產生可持續產量的垂直垂直集成的鏈條。可以將其視為一種精心調整的引擎，以最大程度地提高您投入的每一美元的輸出。它通過專注於策劃的核心協議，包括用於貸款的Morpho，用於交​​易的Morpho，以及Perps的Vertex，將其與其他通用區塊鏈區分開來。

Productive TVL: A New Way to Measure DeFi Health

生產性TVL：一種衡量Defi Health的新方法

Forget the inflated TVL numbers you're used to seeing. Katana is pioneering a new metric: productive total value locked (TVL). This measures capital actively deployed in yield-generating strategies rather than just sitting idle. Katana's amassed over $240 million in productive TVL, demonstrating its commitment to real economic activity. As Polygon Labs CEO, Marc Boiron, puts it, this approach provides a clearer picture of what's really happening behind the scenes, reflecting actual usage, economic efficiency, and long-term sustainability.

忘記您曾經看過的誇大的TVL號碼。 Katana正在開創一個新的指標：生產性總價值鎖定（TVL）。這衡量了積極部署屈服策略的資本，而不僅僅是閒置。卡塔納（Katana）在生產性TVL上積累了超過2.4億美元，表明了其對實際經濟活動的承諾。正如Polygon Labs首席執行官Marc Boiron所說，這種方法更清楚地描述了幕後實際發生的事情，反映了實際使用，經濟效率和長期可持續性。

Key Features Driving Katana's DeFi Power

關鍵功能驅動武士刀的defi力量

• VaultBridge: This nifty mechanism deploys bridged assets (like ETH, USDC, and wBTC) into yield-generating strategies on Ethereum. Returns are then funneled back into Katana's DeFi pools.
• Chain-Owned Liquidity (CoL): Katana recycles 100% of its sequencer fees back into liquidity reserves, creating a self-sustaining loop.
• AUSD Integration: Katana integrates Agora's AUSD stablecoin, which captures off-chain yield from U.S. Treasuries and repo markets, further boosting returns.

Why This Matters for DeFi

為什麼這對defi很重要

Katana is tackling some of DeFi's biggest challenges: liquidity fragmentation and the need for sustainable yield. By concentrating activity around high-performing protocols and aligning incentives, Katana aims to create a more efficient and rewarding experience for users. The focus on productive TVL and real yield also makes it more appealing to institutions seeking transparent and accountable DeFi solutions.

Katana正在應對DEFI的一些最大挑戰：流動性分散和對可持續產量的需求。通過將活動集中在高性能的協議周圍和一致激勵措施周圍，Katana旨在為用戶創造更有效和有意義的體驗。對生產性TVL和實際產量的關注也使其對尋求透明和負責任解決方案的機構更具吸引力。

The Institutional Angle

機構角度

Katana is also making waves by positioning itself to solve structural liquidity challenges, aiming to entice institutional participation in DeFi. By concentrating liquidity across chains and protocols into fewer, more accessible pools, Katana seeks to support high-volume, capital-efficient transactions. This isn't just for the big players; it's about unlocking the next phase of growth in decentralized finance. Features like real-time rewards, transparent APY breakdowns, and sequencer fee recycling are designed to meet the demands of firms that need more than just hype; they need yield, efficiency, and accountability.

卡塔納（Katana）還通過定位來解決結構性流動性挑戰，旨在吸引機構參與DEFI，引起海浪。通過將流動性集中在跨連鎖店和協議中，katana試圖支持大量，資本效率的交易。這不僅僅適合大型球員；這是關於解鎖分散融資的下一個增長階段。諸如實時獎勵，透明的APY故障和Semencer Fee回收之類的功能旨在滿足不僅需要炒作的公司的需求；他們需要產量，效率和問責制。

Final Thoughts

最後的想法

Will Katana succeed in its mission to revolutionize DeFi? Only time will tell. But with its innovative approach to liquidity, yield, and capital efficiency, it's definitely a project to watch. The idea of turning every layer of infrastructure into a yield engine is pretty darn cool. So buckle up, crypto enthusiasts; the Katana era has begun, and it promises to be an interesting ride!

Katana是否會成功革新Defi的使命？只有時間會證明。但是，憑藉其創新的流動性，收益率和資本效率的方法，它絕對是一個值得關注的項目。將每一層基礎設施變成產量引擎的想法真是太酷了。加油，加密愛好者； Katana時代已經開始，它有望成為一個有趣的旅程！