Hassan Maishera
On Wednesday, Polygon Labs announced via X that Katana has launched on the Polygon AggLayer. Katana is a DeFi-first chain with high yield and deep liquidity and is set to provide liquidity to the Agglayer ecosystem.
Katana aligns users, apps, and the chain with a defi platform designed to incentivize productivity. Sequencer fees and protocol revenue create deep liquidity and sustainable rewards for active users, the team added.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is up 1% in the last 24 hours and trades at $0.2309.
