Kraken-Backed Ink Drops Bombshell: Hard-Capped $INK Token Launch With Strict 1 Billion Supply Limit

Crypto''s latest player just drew a line in the sand—no more funny money.

Ink, backed by exchange giant Kraken, unveiled plans for its $INK token with an unbreakable 1 billion supply cap. Take that, inflation-happy central banks.

The move signals a defiant stance against supply dilution—a refreshing change from the ''print-first, ask-questions-later'' approach plaguing traditional finance. Tokenomics don''t lie: scarcity breeds value.

While Wall Street plays musical chairs with quantitative easing, crypto builders are coding economic discipline into their DNA. The 1 billion hard cap isn''t just a number—it''s a middle finger to monetary malpractice.

Will this trigger a wave of copycats? Probably. Does the market need more tokens? Debatable. But at least this one won''t disappear down the inflation drain.

TLDR

• The Ink Foundation plans to launch the $INK token to support decentralized finance development on the Kraken-backed Ink network.
• The $INK token will have a fixed supply of one billion that cannot be changed through governance.
• The new liquidity protocol using Aave technology will integrate the $INK token for on-chain capital markets.
• The $INK token will not be used to govern the Ink layer 2 network, which remains under the Optimism Superchain.
• Airdrop distribution of the token will target early users while preventing airdrop farming through specific measures.

The Ink Foundation announced the launch of the $INK token to support decentralized finance growth on Kraken’s layer 2 network. The token will enable liquidity and capital market access, forming the basis for a broader DeFi ecosystem. This move strengthens Kraken’s blockchain footprint as Ink advances under the Optimism Superchain framework.

$INK Token Launches With Capped Supply and Aave-Powered Protocol

The $INK token will launch with a fixed supply of one billion, permanently capped and not changeable by governance decisions. Kraken-backed Ink will integrate the token into a liquidity protocol powered by Aave‘s technology stack for enhanced financial utility. This initiative reinforces Kraken’s commitment to decentralized markets and financial services expansion.

The Ink Foundation confirmed that the token will not participate in Ink’s network governance, which continues under Optimism Superchain. Instead, $INK will focus on economic utility within the DeFi protocol being developed. This separation of concerns aligns with Kraken’s structure for Ink and ensures functional clarity.

A foundation subsidiary will manage the distribution of the token to maintain operational independence and legal compliance. Measures will be implemented to prevent manipulation through airdrop farming and ensure genuine user participation. Kraken’s role remains foundational as the original backer and ecosystem supporter.

Kraken Expands Ink’s Capabilities Through DeFi Integration

Kraken originally launched Ink in December to enable faster, cheaper DeFi transactions on ethereum via the OP Stack. Since then, Ink has been integrated into the Kraken Wallet app to boost access and ease of use. This integration aims to onboard retail users into decentralized services.

The Ink Foundation continues to build on Kraken’s initial vision by deploying a scalable liquidity protocol for on-chain finance. With this infrastructure, $INK aims to drive utility across lending, trading, and liquidity provisioning. The foundation remains committed to user-aligned, open DeFi development.