Kraken L2 'Ink' Officially Announces Token Launch Plans

Source
YM Lee

Summary

  • Kraken's Ethereum Layer 2 network Ink (INK) has officially announced token launch and airdrop plans.
  • The Ink Foundation emphasized its vision to support the decentralized finance (DeFi) ecosystem.
  • The maximum supply of Ink tokens is 1 billion with an irrevocable and permanent cap that cannot be changed through governance.

Kraken (Kraken), a longtime rival of Coinbase, has officially announced token launch and airdrop plans for its Ethereum (ETH) Layer 2 network, Ink (INK).

According to The Block on the 18th (local time), the Ink Foundation emphasized, "We aim to envision a future that supports the decentralized finance (DeFi) ecosystem, where users manage everything themselves and the system moves in line with users’ success—covering everything from lending to trading."

The maximum supply of Ink tokens is 1 billion, with an irrevocable and permanent cap that cannot be changed through governance.

publisher img

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
What did you think of the article you just read?