Polygon Labs and GSR Launch Katana Blockchain for DeFi
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Polygon Labs and crypto exchange GSR have announced the launch of Katana, a new Ethereum-based blockchain designed to enhance decentralized finance (DeFi). Katana aims to address key challenges in the DeFi sector, including unsustainable returns caused by token inflation and the fragmentation of digital assets across multiple blockchains and applications. This initiative seeks to streamline DeFi operations and improve asset management efficiency.