Home Airdrops & Giveaways Kraken’s $INK Token Airdrop Update

Kraken’s $INK Token Airdrop Update

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On June 17, 2025, the Ink Foundation, the nonprofit behind Kraken’s Ethereum Layer 2 blockchain Ink, announced the launch of its native $INK token with a capped supply of 1 billion and an exciting airdrop for early users. Built on Optimism’s Superchain, Ink aims to revolutionize decentralized finance (DeFi) with fast, low-cost transactions and a focus on real utility. The airdrop, targeting participants in Ink’s Aave-powered liquidity protocol, has sparked significant buzz, with daily transactions on the network surpassing 500,000. Here’s everything you need to know about the $INK airdrop, how to qualify, and why it’s a big deal for the crypto community.

What is Ink and the $INK Token?

Ink is a Layer 2 Renault (L2) blockchain developed by Kraken, leveraging Optimism’s OP Stack for sub-second block times and low-cost transactions. As part of the Superchain ecosystem, alongside networks like Base and Unichain, Ink offers Ethereum’s security with enhanced scalability, making it a promising platform for DeFi applications. Launched in December 2024, Ink has already integrated over a dozen dApps and seen a surge in activity, with active smart contracts nearly doubling to 6,000 by June 18, 2025.

The $INK token, with a fixed supply of 1 billion, is designed to power Ink’s DeFi ecosystem, particularly a liquidity protocol built on Aave technology. Unlike many L2 tokens, $INK will not be used for governance, focusing instead on incentivizing usage and liquidity. The Ink Foundation emphasizes a “no fluff, no governance theater” approach, aiming for aligned incentives and real-world utility from day one.

Details of the $INK AirdropThe Ink Foundation has confirmed that the first $INK airdrop will reward early participants in its Aave-powered liquidity protocol, with additional airdrops planned for the future. While specific details like the exact launch date and final eligibility criteria remain undisclosed, the airdrop is designed to encourage genuine engagement and curb mercenary farming through Sybil resistance measures.

To position yourself for the airdrop, here are the key steps based on the latest guidance:

  1. Participate in the Liquidity Protocol: Engage with Ink’s DeFi lending and trading protocol on Aave. Providing liquidity to this protocol is the primary confirmed eligibility criterion for the initial airdrop.
  2. Bridge Tokens to Ink: Use the official Ink bridge (available at inkonchain.com/bridge) to transfer tokens from networks like Sepolia to Ink’s mainnet. This increases on-chain activity, which may boost eligibility.
  3. Deploy Contracts: Developers can deploy contracts on Ink’s network, a low-cost action (approximately $0.10) that signals active participation.
  4. Mint NFTs: Mint an official Ink NFT via Zora to earn the OG Role on Ink’s Discord, potentially enhancing airdrop eligibility.
  5. Join the Ink Guild: Visit the Guild website, connect your wallet, and link social media accounts to claim roles like the Discord OG Role, which may be rewarded in future airdrops.
  6. Engage in The Academy Campaign: Complete tasks in Ink’s ongoing “The Academy” campaign on platforms like Layer3 and Guild to earn XP and increase on-chain activity. Weeks 4-8 of the campaign, running through April 2025, offer opportunities to boost your profile.
  7. Monitor Activity: Track your interactions via Ink’s official dashboard at inkonchain.com/dashboard to ensure you’re maximizing engagement.

Note: The snapshot for the airdrop has not yet been taken, so there’s still time to participate. Focus on organic engagement rather than farming, as Ink prioritizes genuine users.\

Why the $INK Airdrop MattersThe $INK airdrop is generating significant excitement for several reasons:

  • Kraken’s Backing: With $122.3 million in funding and Kraken’s regulatory expertise, Ink is a serious contender in the L2 space, challenging Coinbase’s Base, which has no plans for a native token.
  • Growing Ecosystem: Ink’s integration with over a dozen dApps, EVM compatibility, and sub-second transaction speeds make it a robust platform for DeFi innovation. Its total value locked (TVL) is currently under $8 million, signaling room for growth.
  • Community Buzz: Posts on X highlight the airdrop’s potential, with estimates of rewards up to $4,000+ for active participants. The community’s enthusiasm, coupled with Ink’s anti-farming measures, suggests a fair distribution for dedicated users.

However, the crowded L2 token market poses risks. Many new tokens, like those from Linea and Blast, face post-launch sell pressure, and $INK’s success will depend on sustained utility and adoption

How to Stay Safe and Maximize RewardsTo safely participate in the $INK airdrop:

  • Use a Secure Wallet: Never share your private keys. Use a trusted wallet and verify all sites before connecting.
  • Research Thoroughly: Airdrops carry risks, and eligibility is not guaranteed. Always check official sources like inkonchain.com and @inkfndhq on X for updates.
  • Avoid Scams: Legitimate airdrops only require your public wallet address, not private keys. Be cautious of phishing attempts.
  • HODL Strategy: Holding airdropped tokens long-term can yield significant returns if the project succeeds, though most new tokens face volatility.

The Bigger

PictureThe $INK airdrop is a strategic move to bootstrap Ink’s DeFi ecosystem and reward early adopters. As part of Optimism’s Superchain, alongside Base and Uniswap’s L2, Ink leverages Ethereum’s security while offering faster, cheaper transactions. Its focus on utility over governance and integration with Aave’s proven technology positions it as a promising player in DeFi. With Kraken’s backing and a surge in network activity (500,000+ daily transactions), the $INK airdrop could be a gateway to one of 2025’s most exciting L2 opportunities.

Conclusion

The $INK airdrop, announced on June 17, 2025, offers crypto enthusiasts a chance to engage with Kraken’s innovative Layer 2 blockchain and earn free tokens. By participating in Ink’s Aave-powered liquidity protocol, bridging tokens, minting NFTs, and completing campaign tasks, you can position yourself for potential rewards. With a fixed 1 billion token supply and a focus on real utility, $INK is poised to make waves in DeFi. Stay proactive, monitor your activity on inkonchain.com/dashboard, and follow

@inkfndhq on X for the latest updates.Disclaimer: Cryptocurrency investments and airdrops involve risks. Always conduct your own research and never share private keys. This blog post is for informational purposes only and not financial advice

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