Ink Finance Pre-Launch Campaign — Airdrop Phase II

12,500 $QUILL to be won by contributing to on-chain activity and social campaigns as part of the Ink Finance Retrospective Airdrop

Ink Finance
5 min readMay 29, 2024

Ink Finance is excited to announce Phase II of our Retrospective Launch Airdrop. This phase is designed to reward community members who have contributed to the INK ecosystem, culture, and community.

This program will distribute $QUILL Tokens to active community members and DeFi participants who have utilized financial frameworks and protocols powered by the Ink Finance financial framework. The airdrop is retrospective, meaning only individuals who contributed in the past and continue to participate after the launch will be eligible to claim tokens.

This airdrop program is part 2 in a series of airdrops aimed at fueling active and engaged community contributions on Avalanche.

🎯 Phase 2 — Dapp Discovery & Pre-Launch DAO Investment Vault

For phase 2 of the retrospective airdrop, we have allocated a total of 12,500 $QUILL to participants who engage and contribute according to their on-chain activity and the amount of INKR they collect through various community tasks. These tasks may include social engagements, bug bounties, and dApp testing for upcoming tech updates.

The intent is to demonstrate transparency and genuine community-driven efforts while empowering participants with a deeper understanding of how the Ink Finance dApp works, particularly in terms of treasury formations and investments into protocols or asset management funds on behalf of users.

🪶 Participation

Step 1: Claim INKR tokens

We’ve made the process as simple as possible.

Claim your INKR tokens via our faucet or by completing community tasks.

INKR is a community Contribution Merit token on Avalanche with no residual value.

Step 2: Invest in pre-launch DAO investment vaults

Invest your claimed and earned INKR in the five product and investment vaults created specifically for the Pre-Launch DAO.

This allows you to test our investment pooling product and earn $QUILL retroactively. These investment funds are set up as product launch setups where you don’t deposit real money — only the INKR you’ve earned from past and future campaigns, which will be returned at the end of the campaign.

The campaign will consist of five initial investment funds, with the possibility of adding more funds to extend the campaign based on participant count or reward distribution. Each fund will be released sequentially and requires you to deposit a minimum and maximum amount of INKR in each vault to commit to receiving the $QUILL retrospective airdrop.

Participation is determined by two factors:

  1. Investment Vault Participants: Utilize claimed INKR and prized INKR from preceding activities and upcoming social tasks to deposit into the investment funds created within the Pre-Launch DAO. Depositing INKR into each pre-launch, DAO increases overall airdrop allocation and on-chain activity contribution.
  2. INKR Holders & Faucet Farmers: Secondary tier participants will receive a smaller portion of the prize pool for passive participation.

📈 Process of Investment

Each investment vault will last 144 hours (7 days). Ink Finance will manually distribute INKR rewards to all participants via the claim or airdrop function on the dApp. Each reward will be specified per investment vault.

Participants must forfeit or deposit a certain amount of INKR in exchange for $QUILL. The INKR will remain in the vaults until the end of the airdrop phase to mitigate sybil attacks and ensure fair participation.

Participants will receive additional INKR rewards proportional to their deposits and can earn INKR from performing tasks on Galxe or other community platforms.

You may deposit your INKR in the Pre-Launch DAO Vault #1 over here to get started and await the upcoming vaults.

🗳️ Investment Vaults

(Each Vault sustains a fundraising duration of 144 hours)

Investment Vault 1

  • Minimum deposit per user: 20 INKR
  • Maximum deposit per user: 100 INKR
  • INKR Reward per INKR deposited: 1 INKR
  • Soft cap for entire vault: 2,000 INKR
  • Hard cap for entire vault: 4,000 INKR

Investment Vault 2

  • Minimum deposit per user: 10 INKR
  • Maximum deposit per user: 150 INKR
  • INKR Reward per INKR deposited: 0.1 INKR
  • Soft cap for entire vault: 15,000 INKR
  • Hard cap for entire vault: 150,000 INKR

Investment Vault 3

  • Minimum deposit per user: 20 INKR
  • Maximum deposit per user: 200 INKR
  • INKR Reward per INKR deposited: 0.2 INKR
  • Soft cap for entire vault: 20,000 INKR
  • Hard cap for entire vault: 200,000 INKR

Investment Vault 4

  • Minimum deposit per user: 30 INKR
  • Maximum deposit per user: 100 INKR
  • INKR Reward per INKR deposited: 0.2 INKR
  • Soft cap for entire vault: 10,000 INKR
  • Hard cap for entire vault: 100,000 INKR

Investment Vault 5

  • Minimum deposit per user: 30 INKR
  • Maximum deposit per user: 150 INKR
  • INKR Reward per INKR deposited: 0.2 INKR
  • Soft cap for entire vault: 1,500 INKR
  • Hard cap for entire vault: 150,000 INKR

TL;DR

Phase 2 of the Ink Finance Retrospective Airdrop is here, with a whopping 12,500 $QUILL up for grabs!

How to participate and maximize your $QUILL allocation:

Step 1: 🪶 Claim your INKR tokens through our user-friendly faucet or by completing community tasks.

Step 2: 🏦 Invest your INKR in our exclusive pre-launch DAO investment vaults to test our platform and increase your $QUILL allocation. Our first fund is now open and is available for deposits.

Step 3: 🤝 Engage with the community and complete tasks to earn even more INKR. These tasks will be rolled out in our socials — specifically in our Discord & Telegram, so keep an eye out for those!

Step 4: 💸 Stay updated with and participate in all five investment vaults, each lasting 144 hours, with specific minimum and maximum deposit amounts and INKR rewards.

Step 5: 😎 Sit back, relax, and watch your $QUILL airdrop allocation grow as you continue to participate and hold INKR.

Remember, your participation is determined by investing in vaults and holding/farming INKR. The more you contribute, the bigger your slice of the $QUILL pie will be!

Stay tuned for more phases and opportunities to shape the future of our platform and the DeFi realm.

About Ink Finance

Ink Finance is the only DeFi engine for DAOs, web3 protocols & systematic on-chain financial management. Ink Finance enables organizations to build effective operation structures and perform best-practice financial management on-chain, focusing on transparency, flexibility, and credit-based DeFi.

Leveraging unmatched customizability, Ink Finance’s platform offers versatile governance modules, integrated risk control, compliance, & integrated workflows.

Ink Finance is led by a perfect blend of veterans in traditional and corporate finance, FinTech, and blockchain.

Finance is built on credit, and credit comes from competence.

Stay up to date with all things Ink Finance:

Twitter | Website | Discord | Telegram | Linkedin

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Ink Finance

Ink Finance is the DeFi engine for Protocols, DAOs, and RWA Originators. Build On-Chain Competence & Financial Credit | https://www.inkfinance.xyz/