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Home»Bitcoin»Announcing Ink: the new DeFi destination
Bitcoin

Announcing Ink: the new DeFi destination

October 24, 2024No Comments4 Mins Read
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Ink is a cutting-edge layer 2 (L2) blockchain built on the Optimism superchain and published by Kraken. As a natural evolution of our mission, Ink will serve as a seamless bridge to DeFi, allowing users to move on-chain with confidence and ease.

Being on-chain can seem complex and intimidating. As a single, integrated ecosystem, Ink simplifies user engagement with leading DeFi applications (dApps), protocols and communities. All with one goal in mind: to make it easier for users to access exciting new opportunities online.

Built on Optimism’s open source OP Stack codebase under the MIT license, Ink joins the broader Ethereum ecosystem. In addition to benefiting from the security of Ethereum – the largest blockchain platform in the world – Ink will be part of the Superchain. This unified network of blockchains shares security, governance, and values, using a common standard codebase to help scale Ethereum.

Why Ink stands out

Ink is the only blockchain backed by a major Western exchange that is focused on creating the best DeFi experience. Our goal is to create a capital-efficient ecosystem, where innovation thrives, community is prioritized, and all profits accrue. Here’s how we’re going to do it:

  • Enable access to DeFi from a trusted OG: While Kraken has already helped millions of people discover and participate in crypto, many of the most exciting opportunities in crypto exist on-chain, in the world of DeFi. Ink seeks to introduce DeFi to users in a way that improves everyone’s experience.
  • Delivering everything users need, from onramp to onchain: We offer users a complete solution, allowing them to move between the centralized and decentralized worlds of crypto. We reduce or eliminate friction points that have historically made this process difficult.
  • Establish a new user-centric experience: Leveraging aggregation, automation, and abstraction, Ink’s user experience makes on-chaining as simple and easy as possible.
  • Embracing interoperability and innovation: Built on the OP Stack, Ink inherits the security of Ethereum while contributing to the Superchain’s unified network of L2 solutions. The Superchain improves the performance of the Ethereum ecosystem, expanding the capabilities of protocols and dApps.

Developers: write your code with Ink

The next chapter of DeFi will be written with Ink. Inspired by Kraken’s decade of crypto expertise, Ink is the bridge between users and the place where visionary builders turn code into financial revolutions.

Our Commitment to Builders: Ink will provide you with a world-class development environment, complete with the tools, support, and users you need to bring your ideas to life.

Why rely on Ink?

  • Full support: Beyond access to a rich library of documentation, tutorials and code examples designed to accelerate the development process, builders will have access to expert advice, hands-on workshops, special events, strong technical support, private community channels and financial support opportunities and tailored onboarding to help them bring their ideas to life.
  • Focus on DeFi: Ink is all-in-one on DeFi. We want to support your efforts to create products that help users access exciting new opportunities online. When you build on Ink, you connect to an ecosystem of other DeFi-focused builders, a place to leverage the communities and composability that bring DeFi to life.
  • Improved visibility: Ink wants to help its manufacturers show their products to the world.

Get started with Ink now!

What you can do now:

The Ink testnet will launch soon, but here are the five steps you can take to get started with Ink now:

  1. Create a commemorative NFT: In partnership with Optimism, we released a limited edition NFT to thank early supporters.
  2. RSVP for Ink DevJam: Bangkok at DevCon7: Join us in Bangkok for a day of learning, networking and exclusive Ink products. Places are limited!
  3. Developers: Join our Discord collaborate with a growing community of builders.
  4. Users: Join our telegram for the latest updates.
  5. Everyone: Follow us on @inkonchain and visit inkonchain.com!

The future of finance is being written as we speak. We invite you to ink it with us! Stay tuned for more updates. We have a lot planned!



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