Kraken’s Ink Launches Tydro on Ethereum L2: Institutional DeFi Takes Center Stage

Kraken’s Ink has launched its Tydro project on Ethereum Layer-2 (L2), marking a significant step for institutionalized DeFi. This initiative brings Aave v3 to the forefront, offering support for the INK token and attracting substantial liquidity from institutions. The move is lauded by the Aave DAO with 99.8% community approval, signifying its widespread acceptance in the decentralized finance space.