Ethereum's second-layer network Ink launches an Aave white-label instance called Tydro to unlock decentralized lending capabilities

According to Odaily Planet Daily, Ink, an Ethereum Layer 2 solution incubated by Kraken and the Ink Foundation, is about to launch a crypto lending protocol called Tydro. The platform is a customized white-label instance of Aave v3 and supports the INK token. According to the Ink Foundation, the platform will serve as the core infrastructure for DeFi on Ink. Kraken has also announced plans to integrate Tydro into its core centralized exchange product, enabling customers to more seamlessly access DeFi opportunities. (The Block)