2024-10-25
ink on X: "Introducing Ink. A single, integrated DeFi ecosystem here to make onchain easier.
Kraken is planning to launch its own
blockchain, called Ink, in early 2025. Ink will focus on decentralized finance
(DeFi) applications, aiming to simplify the process of trading, borrowing, and
lending tokens without intermediaries.
The blockchain will be built on
Optimism's Superchain, leveraging cutting-edge technology to enhance Ethereum's
capabilities.
blog.kraken.com/news/announcing-ink
Ink was designed to simplify and
enhance the decentralized finance (DeFi) experience, Ink will act as a seamless
bridge for users to move onchain with greater ease and confidence.
Ink is integrated into a single
ecosystem that connects users with top DeFi applications (dApps), protocols,
and communities. It aims to address the challenges many users face when
navigating the complexities of being onchain, making it easier to access emerging
opportunities in DeFi.
Ink leverages Optimism’s OP Stack
codebase, ensuring it inherits the security and scalability of the Ethereum
ecosystem. As part of the Superchain, Ink shares security, governance, and code
standards with other blockchains in the network, helping to scale Ethereum
while maintaining its decentralized principles.
Kraken is positioning Ink as the only
blockchain supported by a major Western exchange with a specific focus on DeFi.
The platform’s goal is to create a capital-efficient ecosystem where innovation
thrives, the community is prioritized, and benefits are accessible to all
users.
Kraken has already onboarded millions
of users into the crypto space, and Ink aims to introduce them to the world of
DeFi, offering an improved user experience.
Through the use of aggregation,
automation, and abstraction, Ink streamlines the process of getting onchain,
making it more accessible to users of all experience levels.
Kraken is positioning Ink as the go-to
platform for developers looking to build the future of DeFi. With comprehensive
support, including access to documentation, tutorials, workshops, and technical
guidance, developers can expect a world-class development environment.
The Ink testnet will be launching soon,
giving developers and users a chance to get involved early.
Kraken wants to make Ink a platform to
create simplified DeFi applications and creating a home for DeFi builders.
