Kraken Announces Upcoming INK Token Airdrop Through Kraken Drops Program

Kraken, the US-based crypto exchange, has announced an upcoming airdrop of INK tokens through its Kraken Drops program. The airdrop is confirmed to be linked to trading activity on Kraken Pro, with users earning points toward it based on their weekly activity.

Existing users who have signed up for Kraken and completed identity verification are eligible for the airdrop, as long as they engage in trading activity on Kraken Pro. Points are calculated weekly based on the prior week's activity, with boosts available for specific actions such as deposit bonuses, reactivation bonuses for returning users, and price alerts.

The INK token is built on the OP Stack Layer 2 blockchain within the Optimism Superchain and aims to connect Kraken's CEX user base with on-chain DeFi opportunities. Apps like SuperSwap, Velodrome, and Tydro lending protocol are already active on the chain.