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Polygon’s Big ZK Gamble Is Starting to Show Real DeFi Numbers Through Katana


by Anisha Pandey
for CoinEdition
Polygon’s Big ZK Gamble Is Starting to Show Real DeFi Numbers Through Katana

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  • Sandeep Nailwal said Polygon played a big role in getting ZK proofs adopted and pointed at Katana’s rapid DeFi growth.
  • Katana is now described as the second largest ZK rollup in the Polygon-linked ecosystem with about $512 million locked.
  • The upcoming KAT token will anchor governance, liquidity rewards, and fees to keep Katana’s ZK DeFi flywheel running.

Polygon’s growing bet on zero knowledge technology has started to show concrete results as co-founder Sandeep Nailwal drew fresh attention to Katana, a DeFi focused Layer 2 that is now one of the largest ZK rollups in the Polygon environment.

In a post on X, Nailwal talked about how Polygon has played a “big role” in the adoption of ZK proofs, adding that Polygon’s Agglayer connects multiple ZK rollups into one scalable framework. 

Read The Full Article Polygon’s Big ZK Gamble Is Starting to Show Real DeFi Numbers Through Katana On Coin Edition.

Read the article at CoinEdition

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Polygon’s Big ZK Gamble Is Starting to Show Real DeFi Numbers Through Katana


by Anisha Pandey
for CoinEdition
Polygon’s Big ZK Gamble Is Starting to Show Real DeFi Numbers Through Katana

Share:

  • Sandeep Nailwal said Polygon played a big role in getting ZK proofs adopted and pointed at Katana’s rapid DeFi growth.
  • Katana is now described as the second largest ZK rollup in the Polygon-linked ecosystem with about $512 million locked.
  • The upcoming KAT token will anchor governance, liquidity rewards, and fees to keep Katana’s ZK DeFi flywheel running.

Polygon’s growing bet on zero knowledge technology has started to show concrete results as co-founder Sandeep Nailwal drew fresh attention to Katana, a DeFi focused Layer 2 that is now one of the largest ZK rollups in the Polygon environment.

In a post on X, Nailwal talked about how Polygon has played a “big role” in the adoption of ZK proofs, adding that Polygon’s Agglayer connects multiple ZK rollups into one scalable framework. 

Read The Full Article Polygon’s Big ZK Gamble Is Starting to Show Real DeFi Numbers Through Katana On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far

Reliance Jio Testing ‘JioCoin’ on Polygon: What We Know So Far

According to the Polygon Labs ecosystem BD Head for India, Aishwary Gupta, the Jio te...
RWA Protocol Ondo Finance Cleared by SEC Ahead of New York Summit

RWA Protocol Ondo Finance Cleared by SEC Ahead of New York Summit

Ondo Finance (ONDO) has confirmed that the Securities and Exchange Commission (SEC) f...