Polygon Labs and GSR jointly launched the Katana Blockchain, focusing on Decentralized Finance.

On July 1st, according to DL News, Polygon Labs partnered with the encryption trading company GSR to launch a brand new Ethereum ecosystem blockchain, focusing on Decentralized Finance (DeFi). This blockchain, named Katana, aims to address two of the most pressing issues in the field: unsustainable yields driven by Token inflation and the fragmentation of digital assets across dozens of blockchains and hundreds of applications.

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