Introduction

In this guide, we're going to learn how to prepare ourselves for the upcoming launch of the InkChain testnet.


What is Ink?

Ink is an Ethereum Layer 2 blockchain, developed on Optimism and designed as the DeFi hub for the Superchain. Launched by Kraken, Ink offers an efficient and secure base layer for deploying innovative DeFi protocols, promoting on-chain financial sovereignty with low fees, fast transactions, and seamless interoperability across the Superchain network. Key features include:

• Speed: 1-second block times from launch, with sub-second blocks planned.
• Low Fees: Minimal gas costs make DeFi more accessible.
• Security: Sequencer-level security with Kraken’s decade-long expertise.
• Interoperability: Capital flows easily across Superchain’s interconnected chains.
• User Experience: Aggregation, automation, and abstraction simplify DeFi for users.
• Developer Support: Extensive resources, workshops, and funding for builders.
• EVM Compatibility: Supports all Ethereum-compatible code, fostering integration across chains.

Ink integrates Kraken’s infrastructure to provide a streamlined DeFi experience from fiat conversion to advanced financial applications, all while scaling Ethereum’s potential with an open-source, Optimism-based stack for enhanced performance and accessibility.

Step 1

First, we need to claim some Sepolia ETH from one of the following faucets:

Google Cloud Faucet: cloud.google.com/application/web3/faucet

Chainlink Faucets: faucets.chain.link/sepolia






Step 2

Next, head over to the Ink Bridge & connect wallet.

Now just insert any amount of Sepolia ETH and press "Bridge funds".

Approve & confirm transaction.

Outro

That's all for this guide!

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Disclaimer: This guide is provided strictly for educational purposes and should not be considered financial advice. The content is designed to offer insights into various web3 topics & projects.

We do not recommend putting real money into random projects without conducting plenty of your own research first. It is crucial to make informed decisions based on your own understanding and risk tolerance.