Kraken is also launching Layer 2, a quick overview of its DeFi dedicated chain Ink

ChainCatcher Selection
2024-10-25 10:47:09
Collection
Ink, like Base, also uses the OP Stack; the Ink testnet is about to launch, and users can participate early by minting NFTs.

Original Title: Announcing Ink: The new DeFi destination

Author: Kraken

Translated by: Hailsman, ChainCatcher

Ink is a Layer 2 blockchain based on the Optimism Superchain released by Kraken. As a natural evolution of our mission, Ink will serve as a seamless bridge to DeFi, enabling users to make on-chain payments with confidence and ease.

Going on-chain can feel complex and intimidating. As a single, integrated ecosystem, Ink simplifies user interactions with top DeFi applications (dApps), protocols, and communities. All of this is driven by one goal: to make it easier for people to access exciting new opportunities on-chain.

Ink is built on the open-source, MIT-licensed OP Stack codebase from Optimism, joining the broader Ethereum ecosystem. In addition to benefiting from the security of Ethereum (the world's largest blockchain platform), Ink will also be part of the Superchain. This unified blockchain network shares security, governance, and values, utilizing a common standard codebase to help scale Ethereum.

Why Ink Stands Out

Ink is the only blockchain supported by major Western exchanges that focuses on creating the best DeFi experience. Our goal is to create a capital-efficient ecosystem where innovation thrives, communities are prioritized, and everyone can benefit. Here’s how we achieve this:

  • Access to DeFi through trusted OGs: While Kraken has helped millions discover and engage with cryptocurrency, many of the most exciting opportunities in the crypto space exist on-chain, in the world of DeFi. Ink is committed to introducing users to DeFi in a way that enhances everyone's experience.
  • Providing everything users need, from entry to on-chain: We offer users a complete solution that enables them to move between the centralized and decentralized worlds of cryptocurrency. We are reducing or eliminating the friction points that have historically made this process challenging.
  • Building a brand new, user-centric experience: By leveraging aggregation, automation, and abstraction, Ink’s user experience makes going on-chain as simple and easy as possible.
  • Embracing interoperability and innovation: Ink is built on OP Stack, inheriting Ethereum's security while contributing to a unified network for Superchain's Layer 2 solutions. Superchain enhances the performance of the Ethereum ecosystem and expands the capabilities of protocols and dApps.

Developers: Code with Ink

Inspired by Kraken's decade of crypto expertise, Ink serves as a bridge between users and visionary builders turning code into a financial revolution. Ink will provide developers with a world-class development environment equipped with the tools, support, and users needed to turn ideas into reality.

Why Build on Ink?

  • Comprehensive support: In addition to access to a wealth of documentation, tutorials, and code examples designed to accelerate the development process, builders will receive expert guidance, hands-on workshops, special events, robust technical support, private community channels, and opportunities for financial support and tailored onboarding to help bring their ideas to life.
  • DeFi focus: Ink is fully committed to DeFi. We aim to support developers in their efforts to build products that help users access exciting new opportunities on-chain. When developers build on Ink, they will connect with an ecosystem of other builders focused on DeFi, a place where community and composability bring DeFi to life.
  • Enhanced visibility: Ink aims to help its builders showcase their products to the world.

What Users Can Do Now:

The Ink testnet is launching soon, and users can get started with Ink immediately by following these five steps:

  1. Mint a commemorative NFT: In collaboration with Optimism, we are releasing a limited edition NFT to thank early supporters.
  2. RSVP for Ink DevJam: Bangkok at DevCon7: Join us in Bangkok for learning, networking, and exclusive Ink merchandise. Limited spots available!
  3. Developers: Join our Discord and collaborate with our growing community of builders.
  4. Users: Join our Telegram for the latest updates.
  5. Follow us on X @inkonchain and visit inkonchain.com
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators