Kraken-incubated Ethereum L2 project Ink launches Tydro, a lending protocol based on Aave v3

PANews reported on October 15th that, according to The Block, Kraken-backed Ethereum Layer 2 network Ink has officially launched its white-label lending protocol, Tydro. Built on Aave v3, it supports its native INK token as an incentive. Tydro will serve as the core DeFi infrastructure of the Ink ecosystem, initially supporting assets such as wETH, kBTC, USDG, USDT0, and GHO. Users can accumulate points to participate in future airdrops, and Kraken plans to integrate Tydro into its centralized exchange products. The total locked value of Ink's on-chain assets has exceeded $140 million.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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