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Kraken L2 to Debut INK Token

The Ethereum L2 is planning a token airdrop, its foundation says.
Kraken L2 to Debut INK Token
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Kraken-backed Layer 2 Ink Ink is launching its $INK token to enable onchain capital markets and DeFi ecosystem development under the Optimism Optimism Superchain. The token aims to prioritize utility over speculation with a fixed supply and a targeted airdrop.

What’s the Scoop?

  • $INK Token Details: The INK token will support onchain capital markets and DeFi ecosystem development as part of the Optimism Superchain.
  • Capped Supply: A fixed supply of 1 billion INK tokens will be minted, with no governance adjustments permitted.
  • Early User Airdrop: INK tokens will be distributed to early adopters of the ecosystem through a targeted and farming-resistant airdrop.
  • Non-Governance Role: INK will not participate in governance of Ink’s L2 network to ensure focused use-case and alignment.

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