I bet Kraken's Ink L2 will drop token before Base does.

Airdrop could be juicy since Kraken CEX does 1/4thof Coinbase's volume, and there are rumors for Kraken IPO.

Ink launched a month ago, but start is slow:

• $5m in DeFi TVL

• Total $106M in TVS (Value secured) but $80M of it is new USDT0

• Few dApps to play with

• Kraken Wallet is super basic in features

Still, Ink is already Stage 1 rollup while Base failed to do it for more than a year.

Incentive problem for Base?

If Ink pushes decentralization, its token might drop before Base's (assuming Base ever does it).

Ink also partnered with 2nd largest Treasury bond issuer @Securitize and Morpho

But I hope Ink can push it faster, and challenge Base on all fronts.

I want Ink to use the same disruptor energy as @krakenfx gives on their competition with Coinbase

Tbh, I'm biased as Coinbase blocked my CEX account without any explanation, as they did for so many users.

Coinbase listing decisions are also "surprising," so Kraken CEX support for top Ink builders would quickly attract strong community.

For now, there's not much to do except for gamble a few memecoins and say "GM" on their website.

But I follow Ink's development closely.

If Coinbase/Base doesn't step up their game, Kraken/Coinbase flippening is a possibility.

Especially if Coinbase fails to support their builders and after Kraken IPO and Ink's token drops.

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