Yigit Taha OZTURK 
Competition in the crypto world is not just about technology—it’s also about narrative. As Layer 2 solutions continue to shape the future of DeFi, Kraken is entering the arena with a strategic move: launching the INK token via its own Ethereum-based Layer 2 network.
But is this just another token, or a serious challenge to existing networks like Base?
INK Token: Utility First, Governance Last
According to the Ink Foundation, INK will have a fixed supply of 1 billion tokens and will not be used for governance purposes. This decision stands in contrast to most token models that rely heavily on community voting and governance dynamics. Instead, INK is being pitched as a “single-token model designed for usage, not speculation.”
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The token’s first use case will be a DeFi liquidity pool built on Aave. Users participating in this pool will likely be eligible for an airdrop, with more drops potentially planned. INK aims to provide a foundational liquidity layer for DeFi activity on the Ink network.
Part of the Optimism Mainnet Superchain Vision
Ink is part of the Optimism Mainnet Superchain initiative, which allows different Layer 2s to interoperate, share governance infrastructure, and utilize the OP Stack. Notably, Kraken’s Ink network is the first outside of Optimism itself to implement permissionless fault proofs.
Meanwhile, Base, the L2 developed by Coinbase, remains the most active with over 10 million daily transactions. However, with a unique token model and deep DeFi integration, INK could be a serious contender.
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