KRAKEN-BACKED INK FOUNDATION TO LAUNCH INK TOKEN AND AIRDROP: DETAILS…
- The Ink Foundation, which runs Kraken’s Layer-2 blockchain Ink, confirmed plans to launch its native $INK token and reward early users through an airdrop.
- The token will be central to powering DeFi on Ink, starting with a liquidity pool built using Aave’s tech.
Key Details:
- Early participants in the Aave-powered liquidity pool will be eligible for INK airdrop. The Foundation hinted at more drops but did not disclose specifics.
- INK will have a fixed supply of 1 billion with no inflation and no governance vote to change the cap.
- INK won’t influence Ink Layer-2 decisions. The Foundation wants to separate utility from control — a rare move in crypto.
- The Ink Foundation says the token is designed to incentivize real usage — lending, trading, liquidity aggregation.
- The liquidity protocol must still pass Aave governance. Once live, it becomes the first building block of Ink’s DeFi stack.
- Ink is part of Optimism’s Superchain family, like Base and World Chain, meaning it shares security and tech with other OP Stack L2s.
- Kraken launched Ink in December and is now accelerating its L2 push. With talk of a 2026 IPO, the INK rollout could be part of a broader roadmap.
Images: Ink Foundation and Kraken X platforms