Aave-Powered Liquidity Protocol: The Kraken-Backed Ink Foundations Airdrop Strategy for Boosting INK Token Adoption
The Ink Foundation, a nonprofit organization behind the layer 2 Ink project, is launching its native token INK in an effort to bootstrap onchain capital markets through a liquidity-first strategy. 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. Unlike other Superchain members, Ink's 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 cities on the same highway system. The first utility of INK is a liquidity protocol native to the Ink chain, designed as a core DeFi primitive 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 where most new tokens, even those with venture backing and protocol traction, tend to trend downward after launch. Linea, Blast, Celestia, Berachain, and other high-profile projects have all launched L2 tokens in 2024–25 with major fanfare — only to face sustained 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 attention is light, and capital rotation is highly selective. According to DefiLlama data, Ink's DeFi stack holds just over $7 million in total value locked, with only $93 in L2 revenue reported over the past 24 hours. This indicates that real usage remains relatively thin. Despite these challenges, by anchoring its token to a functioning product on day one — via Aave governance and integration — Ink is at least attempting to buck the trend of poor launches. The foundation has emphasized that there will be no governance gimmicks or fluctuating emissions schedules, with a hard cap of 1 billion tokens minted and no recourse to change the supply via governance proposals.