Ink

Latest Update: Ink Pass Public Minting Now Live on Ink Chain

Sweep has launched public minting for the Ink Pass NFT on Ink Chain, offering holders exclusive benefits across the Ink ecosystem. The pass provides:

• Zero platform fees across the entire Ink network
• VIP whitelist priority for high-demand minting events
• Exclusive access to OG raffles and giveaways through Sweep’s reward programs
• Enhanced governance power in future community decisions
• Entry into a $500 prize pool distributed randomly among all holders

Visit the Ink Pass minting page to secure your NFT and unlock these benefits within the Ink Network.

Tydro Launches on Ink with $INK Airdrop

Tydro, a borrowing and lending protocol, is now live on the Ink network. The platform is a custom deployment of Aave v3 built specifically for the Ink ecosystem and integrated into Kraken products, allowing users to access DeFi functionality directly from the Kraken platform.

Supported Assets

At launch, Tydro supports lending and borrowing for the following assets:

• USDT0
• USDG
• wETH
• kBTC
• GHO

Additional asset types including yield-bearing assets and LSTs/LRTs will be added in future updates.

$INK Airdrop Opportunity

Early liquidity providers on Tydro can earn points that are tied to a future $INK airdrop. The $INK token will be used to bootstrap liquidity for the protocol and reward early participants. The system includes sybil resistance mechanisms to ensure fair distribution.

How to Participate

1. Acquire ETH from Binance and withdraw it to your wallet (Rabby is recommended)
2. Bridge your ETH to Ink using the Rhino.fi bridge
3. Optional: Swap ETH for other Tydro-supported assets using Velodrome Finance or InkySwap
4. Visit the Tydro platform and connect your wallet
5. Click “Supply” for your chosen asset, enter the deposit amount, and click Deposit
6. Confirm the transaction in your wallet
7. Keep your assets deposited to continue earning points and maintain your eligibility for the $INK airdrop
8. Go to Merkl to track and claim your points

Tydro Points Earning Method Changes

Current Points Earning Rules

Eligible for Points:

• Supplying stablecoins continues to earn Points as normal

No Longer Eligible:

• Positions that borrow against stablecoin collateral will no longer receive supply rewards

Users with existing borrowed positions against stablecoin collateral should review their strategies to ensure they’re maximizing points accumulation under the new rules.

Other Ways to Position for an Ink Airdrop

Although not confirmed, activity on the Ink L2 may also play a part in the airdrop:

1. Visit the official Ink Chain dashboard
2. Connect your wallet to the Ink Chain network
3. Bridge assets to Ink Chain using the official bridge interface
4. Start interacting with Ink apps on the platform such as SquidSwap, SuperSwap and Velodrome
5. Register for a .ink domain on ZNS
6. Create USDC pools on Reservoir
7. Use The Deep’s app for a simplified way to provide liquidity with just one token and find the highest yields on Ink Chain
8. Download the Inky app via the Google Play store or Apple App store and claim your handle
9. Maintain regular activity on the network
10. Send a GM to someone on the network. Sending a GM counts as one additional transaction on the chain.
11. Deploy a smart contract on Ink using OnChainGM.
12. Complete the DEX 1.0.1. course

Get the Guild Role

• Visit guild.xyz/inkonchain
• Connect your wallet
• Complete the required social tasks
• Claim your Guild role

Ink Chain Weekly Tasks Guide

Here’s how to complete the Week 2 tasks for Ink Chain:

1. Visit the Ink Guild page
2. Complete weekly transactions/tasks.

Remember to verify each step is completed before moving to the next one to ensure proper task tracking.

Important considerations

The protocol emphasizes organic user participation and genuine platform engagement. When interacting with Ink Chain, focus on exploring the ecosystem’s features and applications rather than just airdrop farming.

Frequently Asked Questions

What makes Ink Chain different from other L2 solutions?

Ink Chain combines Kraken’s security expertise with OP Stack technology, offering optimized performance and reduced transaction costs through its Smol Gas feature.

Is Ink Chain safe to use?

Yes, Ink Chain inherits Ethereum’s security model and includes additional protective measures at the sequencer level, backed by Kraken’s security infrastructure.

How can I track my activity on Ink Chain?

You can monitor your interactions through the official dashboard at inkonchain.com/dashboard, which provides a comprehensive overview of your network activity.

Conclusion

Ink Chain represents a promising addition to the Layer 2 ecosystem, backed by Kraken’s expertise and infrastructure. While the airdrop details remain unannounced, users can prepare by actively participating in the network and exploring its features.

Remember to stay updated with official announcements and maintain regular activity on the platform.