Ink is a Kraken-backed Ethereum Layer 2 built on the OP Stack. Ink Points is its live rewards program, launched on Kraken Pro on 13 April 2026, that scores user activity ahead of an expected INK token generation event. It is for Kraken Pro users and Ink DeFi participants who want their activity counted toward the announced INK distribution.
Ink Points Season 1 went live on Kraken Pro on 13 April 2026, with point accrual applied retroactively to 6 April 2026; levels and the public leaderboard were added on 4 May 2026, and each season runs about four weeks, with season points resetting at the end while lifetime points carry over.
The only officially confirmed way to earn Ink Points is activity inside a verified Kraken account on Kraken Pro. Kraken describes the qualifying behaviour as trading, holding assets, staking and general platform engagement. Activity routed through the Kraken API does not count toward points.
On the network itself, commonly cited actions are bridging assets such as USDC, USDT, ETH and wstETH to Ink using the official bridge, swapping and providing liquidity on Ink apps such as Velodrome and Reservoir, and completing quests. Note that these on-chain actions have not been confirmed by Ink or Kraken as Season 1 point-earning actions, and no formal on-chain points portal has been published.
Ink has also said that liquidity providers on Tydro, its Aave-powered lending protocol, are set to receive INK through a separate airdrop.
No claim deadline or snapshot date has been published. An advisor to Ink gave an informal estimate of a July–September 2026 token generation event, but neither Ink nor Kraken has confirmed a date, so treat any timing as unsettled.
Facts only — Puqet doesn't rate airdrops as good or bad. Use this to form your own judgment, and always double-check against the project's own official docs.
A utility token, not a governance token: INK is designed to incentivise liquidity and DeFi participation across the Ink ecosystem, and the Ink Foundation has stated it has no governance role over the Layer 2 itself.
Permanently fixed supply of 1,000,000,000 INK, with the foundation stating there are no governance gimmicks and no fluctuating emissions schedule. Distribution is planned through Kraken Drops plus a separate airdrop to eligible early users and ecosystem participants, with the distribution carried out by a wholly owned subsidiary of the Ink Foundation. A full vesting and allocation breakdown has not been published.
Backed by the exchange Kraken; the token is issued by the independent, non-profit Ink Foundation that emerged from Kraken. Ink's first INK-linked DeFi protocol is built on Aave. No outside venture investors were named in the coverage reviewed.
Operated by the independent non-profit Ink Foundation, spun out of Kraken; individual core contributors are not named in the coverage reviewed. A pseudonymous advisor, 'PonziTrader', is publicly described as an advisor to Ink.
The airdrop itself is officially confirmed, which is unusual and reduces speculation risk, but specifics are thin: the widely farmed on-chain actions (bridging, swaps, LPing) are not confirmed as point-earning, and the July–September 2026 TGE window comes from an advisor interview rather than Kraken or the Ink Foundation. API-driven activity is explicitly excluded, and the foundation has framed direct airdrop distribution as an anti-farming measure. No prior rug or fraud allegations surfaced in the sources reviewed.
No live market data yet — here's what's known about the project instead.
A utility token, not a governance token: INK is designed to incentivise liquidity and DeFi participation across the Ink ecosystem, and the Ink Foundation has stated it has no governance role over the Layer 2 itself.
