CoinVoice has learned that the Ink Foundation, based on the Optimism superchain, has announced plans to launch the INK token, with a total supply of 1 billion tokens. The issuance date and other details will be announced later. The total supply of the token will be permanently capped and will not change due to governance. The INK token will not participate in the governance of Ink Layer2. These parameters will remain unchanged as part of the Optimism superchain. The first use case of the INK token will be built around the liquidity protocol supported by Aave, as the Ink Foundation aims to create a platform for on-chain users and developers to centralize liquidity by supporting liquidity protocols.
The Ink Foundation states that, as a reward for early usage, INK tokens will be distributed to participants of the liquidity protocol through an airdrop. The Ink Foundation will adopt industry best practices to prevent witch attacks, limit airdrop mining behaviors, and maximize the fairness of the distribution. [Original link]
