Salam World
Introducing Karak V2 Mainnet
A universal, verifiable network to hyperscale global economies🍊🌎
Karak pioneered the concept of universal security and restaking with any asset across any network, which is now the industry standard
Today, we accelerate this vision by launching Karak V2 Mainnet Phase 1
Learn more:
App link:
Phase 1 includes
- Migration: Migrating assets from V1 to V2, with only
- Staking: Depositing of assets including
- Services: Initial cohort launching on testnet on a rolling basis
- Operator Delegation: Delegation of stake to operators and ability to opt into initial cohort of DSSs on testnet on a rolling basis
- Permissionless asset listing: More assets will be enabled beginning with USDC, USDT, wETH, and WeETH
- Permissionless network listing: More and more networks will be enabled beginning with Arbitrum
Karak is building a radically new future for shared security, and beyond
Focusing on solving ambitious problems, alongside the highest quality teams, building the most impactful products, which yield the largest outcomes
Extraordinary outputs require extraordinary inputs
Tactical areas Karak has initially focused on:
- Restake anything anywhere
- Services with real models to generate real yield or usage
- Enabling unique applications and untapped use cases built on top
- Infrastructure enabling Network Sovereignty
- And much more
Flywheel
Restake anything anywhere
Karak always believed shared security for any asset on any VM is the endgame
Stakers need one place to drop assets in + earn rewards
Developers need elastic security across + from any network their services are built on or use
Obvious in hindsight
Real yield
TVL, individually, is proof of supply, not demand, particularly when solely dependent on incentives
Karak is laser-focused on solving foundational problems with incredible teams to build services with real models to generate real yield or usage
Again, flywheel
Use cases, use cases, use cases
Karak is helping several dozen teams prioritize top-of-funnel use cases and products in areas like DeFi, AI, and DePIN, but also other unique areas in payments and businesses that leverage shared security
Product-first ecosystem
Network Sovereignty
Karak is built in a way that is simple, generalized, and scalable by design
So that any network, service, or project can easily extend Karak's security into its sovereign ecosystem to secure and enable whatever they are building
In closing
Karak is fundamentally creating a new category and economy with an ambitious goal that not only leverages shared security but way beyond
We're excited to unveil some of these initiatives being built in the coming weeks and months to illustrate this further
Karak is the universal, verifiable network for the world powered by the collective will of the people
Where everyone benefits from the unique suite of applications, partners, and bespoke use cases being developed exclusively on Karak
Stay tuned🍊