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Ink Foundation to Launch INK Token to Power the Future of Onchain Capital Markets
First Use Case: A Native Liquidity Protocol Powered by Aave
The Ink Foundation has announced the launch of $INK, a token designed to unite users, developers, and protocols across the Ink ecosystem.
INK will fuel a decentralized financial system focused on lending, trading, and more — all governed by its users. The token will have a fixed supply of 1 billion, permanently capped and not changeable by governance.
Notably, INK will not govern the Ink Layer-2, which remains part of the Optimism Superchain with its own governance rules.
First Use Case: Liquidity Protocol with Aave
The first application of INK will be a liquidity protocol powered by Aave, providing a key foundation in Ink’s DeFi stack. This protocol will be governed and incentivized by INK, enabling innovation in capital coordination and onchain applications.
Airdrop for Early Users
To reward early participation, INK tokens will be distributed via an airdrop to users of the liquidity protocol. Ink Foundation will use advanced sybil-resistance methods to ensure a fair and secure distribution.
The airdrop may be carried out by a wholly-owned subsidiary of the foundation. More details will be shared soon. 3 replies
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