- The Ink Basis is launching $INK, a fixed-supply token constructed for actual DeFi use, not hypothesis.
- $INK will gas a brand new Aave-based liquidity protocol however received’t embody governance rights over the Ink community.
- Airdrops are deliberate for early customers with protections to dam farming and guarantee honest distribution.
The Ink Basis, the impartial group behind Kraken’s layer 2 community Ink, simply dropped some large information: they’re rolling out the $INK token. However not like your typical token launches that include method an excessive amount of fluff, this one’s bought a objective. It’s all about fueling actual exercise in DeFi and on-chain capital markets.
$INK can be tied immediately into a brand new liquidity protocol constructed utilizing Aave tech. So yeah—it’s not simply vibes and wishful pondering. The muse made it clear in a tweet: “a single-token mannequin designed for utilization, not hypothesis. no fluff. no governance theater.”
Mounted Provide, No Governance Drama
The token could have a hard-capped provide of 1 billion. That’s it. No extra. No much less. And no, the neighborhood can’t vote to vary it both. There’s no governance utility baked into $INK, for the reason that Ink layer 2 remains to be a part of the Optimism Superchain and follows that framework.
Additionally, $INK received’t be working the present. It’s not a governance token—it’s a software. A practical asset meant for use contained in the ecosystem, to not run it.
Airdrop Incoming (With Anti-Farming Measures)
The muse says early customers of the liquidity protocol will get their arms on the token through airdrop. However in the event you’re pondering of gaming the system—suppose once more. They’re placing in protections to maintain airdrop farmers from taking up. The distribution can be dealt with by a devoted subsidiary to maintain issues clear.
Based on the crew, the objective is to construct a DeFi panorama that rewards precise utilization, the place customers are aligned with the protocol’s progress. Lending, buying and selling, and extra—$INK is supposed to energy all of it.
Ink’s Quiet Rise
In case you missed it, Ink launched again in December 2024 as Kraken’s method of diving deeper into the DeFi scene. Constructed with the OP Stack, it was designed to combine immediately into the Kraken Pockets, making it a smoother journey for on a regular basis customers attempting to entry DeFi instruments.
The underside line? $INK isn’t attempting to be the subsequent speculative moonshot—it’s meant to work. And with Aave powering its liquidity engine, it’d simply dwell as much as the promise.