Layer 2 Ink to Launch INK Token with Airdrop

The Ink Foundation has unveiled plans to launch a native token for the Ink Ethereum layer 2 network. The token is aimed at bolstering the chain's decentralized finance (DeFi) ecosystem and will initially support a liquidity protocol powered by Aave, a leading DeFi lending platform.

Launched in December 2024, Ink is built on the OP Stack and forms part of the Optimism Superchain. The network is now stewarded by the Ink Foundation, a purportedly independent entity responsible for protocol growth and ecosystem development.

A token for the DeFi layer, not governance

The INK token will have a fixed supply of 1 billion tokens, permanently capped and not subject to modification through governance. Crucially, INK will not be used for governing the underlying Layer 2 network, which remains under the purview of the Optimism Collective. This separation aligns with Ink's integration into the broader Superchain framework.