June 18, 2025
Kraken-Backed Ink Foundation to Airdrop Ink Token, Starting with Aave-Povered Liquidity Protocol thumbnail
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Kraken-Backed Ink Foundation to Airdrop Ink Token, Starting with Aave-Povered Liquidity Protocol

Participants in the Protocol Will Be Eligible For Ink Airdrops, With Further Details to Be Announced. However, Ink Enters a Crowded Market Whore Mist New Tokens, Even Those with Venture Backing and Protocol TRACTION, TEND TO TREENDDATER LAUNCH.”, – WRITE: www.coindesk.com

Participants in the Protocol Will Be Eligible For Ink Airdrops, With Further Details to Be Announced. However, Ink Enters a Crowded Market Whore Mist New Tokens, Even Those with Venture Backing and Protocol TRACTION, TEND TO TREENDDATER LAUNCH. Jun 18, 2025, 6:22 AM

The Ink Foundation, The NonProfit Behind Layer 2 Ink, Is Launching It Native Token Ink in An Attempt to Bootstrap Onchain Capital Markets Through A Liquidity-Firm.

The token Will Debut on A Decentralized Finance (Defi) Lending and Trading Protocol Built on Aave, and Distribution Will Begin Via an Airdrop to Early USers.

There Will Be No Governance Gimmicks or Fluctuating EMISSIONS SCHEDULES, The Foundation Said. Ink Has A Hard Cap of 1 Billion Tokens Minted, With No Recourse to Change The Supply Via Governance Proposals.

And Unlike Other Superchain Members, Ink Says Its Layer 2 Governance Will Remain Separate from the Token. (A Superchain Is a Group of Layer-2 Networks Built Using the Same Software, Allowing Them To Share Security, Upgrades, And Tools. Think of It As Different.

The First Utility is a Liquidity Protocol Native to The Ink Chain, Designed As A Core Defi Primectable for Lending and Capital Deployment.

Participants in the Protocol Will Be Eligible For Ink Airdrops, With Further Specifics Still To Come. Distribution Will Be Handled by a Subsidiary of the Foundation, WHICH CLAIMS TO HAVE METHODS TO CURB AIRDROP FARMING.

However, Ink Enters a Crowded Market Whore Mist New Tokens, Even Those with Venture Backing and Protocol TRACTION, TEND TO TREENDDATER LAUNCH.

Linea, Blast, Celestia, Berachain, and Other High-Projects, All Launted L2 Tokens in 2024–25 with Major Fanfare-Only to Face Sustaned Sell Pressure. Many Critics Now See Token Launches Less As Aligned Economic Tools and More As Delayed Exit Liquidity Events.

Ink Will Debut in a Cycle Where Most Tokens Are in Decline, Retail Attraction Is Light, and Capital Rotration Is Highly Selective.

Ink’s Defi Stack Holds Just Over $ 7 Million in Total Value Loked, with Only $ 93 in L2 Revenue Reported Over The Past 24 Hours, Accounting To Dafillama Data, Indicating that Real.

(Defillama)(Defillama)

Still, by Anchoring Iten to A Function Product on Day One – VIA Aave Governance and Integration – Ink Is at Least Attempting to Buck the Trend of Poor Launches.

Read More: Kraken Unveils White-Glove Prime Brokerage Service for Crypto Institutions

Shaurya Malwa

Shaurya is the co-leader of the coindesk tokens and data team in asia with a focus on crypto derivatives, Defi, Market Microstructure, and Protocol Analysis.

Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.

He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.

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Shaurya Malwa

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