Kraken-Backed Ink Foundation to Deploy Aave V3 Instance
In a major governance move, the Aave DAO has voted to approve the Ink Foundation’s plan to launch a white-label version of Aave V3. The proposal passed overwhelmingly, with 99.8% of votes in favor, marking a pivotal moment in Aave’s strategy to expand into institutional lending.
The Ink Foundation, supported by crypto exchange Kraken, will build its lending platform using Aave’s open-source infrastructure, creating a rebranded and centralized version of the protocol for its Ethereum Layer 2 network, Ink.
Institutional Lending Market in Focus
Aave sees the partnership as a way to enter deeper into the institutional lending space, offering enterprise-grade functionality while maintaining its decentralized roots. According to the proposal, Aave DAO service providers will support Ink’s deployment for the first six months, ensuring stability and expertise in the launch phase.
In return, Aave DAO will earn revenue based on the performance of the new platform. The share will be equal to or greater than a 5% Reserve Factor, tied to the total borrow volume across liquidity pools.
Revenue-Sharing and Exclusive Collaboration Terms
As part of the agreement, the Ink Foundation is restricted from collaborating with other lending protocols for a period of 12 months post-launch. This exclusivity clause is designed to reinforce Aave’s brand and capture long-term protocol value.
_The Ink Foundation is expected to commit substantial resources to attract users and capital, including liquidity mining incentives** aimed at onboarding over $250 million in TVL (Total Value Locked) within the first phase of the launch.
Aave V3 Expands Multi-Chain Presence
The latest approval reinforces Aave’s footprint across Web3. Aave V3 is now deployed on 17 networks, including Ethereum, Arbitrum, Avalanche, Base, and Polygon, based on data from DeFi analytics platforms.
This white-label instance on Ink’s Layer 2 will mark a new step in modular, branded deployments of decentralized finance protocols, as more institutional partners seek compliant, scalable DeFi tools.
Final Thoughts
With this decision, Aave DAO has unlocked a new model for protocol licensing, blending decentralization with institutional-grade solutions. The Ink Foundation’s upcoming deployment could serve as a blueprint for future white-label partnerships, expanding Aave’s utility without compromising core governance principles.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.