Ink Finance Price
(QUILL)
USD($)
Ink Finance (QUILL) Live Price Chart
Overview
About
Analysis
FAQ
Ink Finance Live Price Data
The live price of Ink Finance is $0.1815, with a total trading volume of $ 103,302 in the last 24 hours. The price of Ink Finance changed by -14.25% in the past day, and its USD value has increased by +16.33% over the last week. With a circulating supply of -- QUILL, the market cap of Ink Finance is currently -- USD, marking a --% increase today. Ink Finance currently ranks #-- in market cap.
How do you feel about Ink Finance today?
Note: This data is for reference only.
Ink Finance(QUILL) Profile
Rank--
--Expand 
Website
Documentation
Explorer
Contract
- Avalanche C-Chain 0xf3E591...919
Audited By
- --
Code & Community
Investors
- --
$0.1650
$0.2999
- ATH
- $1.2
- Price Change (1h)
- -0.05%
- Price Change (24h)
- -14.25%
- Price Change (7d)
- +16.33%
- Market Cap
- --
- 24h Volume
- $103,302
- Circulating Supply
- --
- Max Supply
- 100,000,000
About QUILL
How can I buy Ink Finance (QUILL)?
Buying QUILL on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Ink Finance (QUILL) for more information. What Is Ink Finance (QUILL) Crypto?
Ink Finance (QUILL) is a decentralized finance (DeFi) platform that provides a comprehensive suite of financial management tools tailored for protocols, decentralized autonomous organizations (DAOs), and real-world asset (RWA) originators. It enables these entities to engage in activities such as governance, asset or credit financing, investment management, and fiscal control through an integrated, no-code interface.
The platform's native utility token, QUILL, serves multiple purposes within the Ink Finance ecosystem, including staking and rental for platform services. This design allows retail token holders to pool their tokens for lending, thereby generating rental income.
In early December 2024, Ink Finance successfully raised $8.3 million through private and public token offerings, attracting investments from firms like Republic Capital, Draper Dragon, and Revere VC.
Overall, Ink Finance aims to provide scalable and customizable financial solutions for DAOs and other decentralized entities, facilitating compliant on-chain financial operations with robust risk management and transparency.
How Does Ink Finance Work?
Ink Finance operates as a decentralized financial management platform tailored for protocols, DAOs, and RWA originators. It offers a suite of customizable tools that facilitate on-chain governance, treasury management, asset tokenization, and compliance with regulatory standards. The platform's architecture is modular, encompassing components like the Unified Custodian Vault (UCV) for secure asset custody and InkEnvelope for the issuance of bespoke financial products.
The native utility token of the Ink Finance ecosystem is QUILL, which serves multiple functions:
1. Governance Capital: DAOs stake QUILL tokens to access and utilize various features of the Ink Finance platform. This stake-based model replaces traditional subscription fees, allowing DAOs to reclaim their staked tokens upon exiting the platform.
2. Fee Capture Utility: QUILL tokens are integral to the platform's fee structure. A portion of the fees collected from DAOs' financial activities is used to buy back QUILL tokens, which are then added to the staking reward pool, effectively reducing the circulating supply and potentially enhancing token value.
3. Public Incubation Capital: QUILL holders can sponsor emerging DAOs lacking the capital to stake tokens. By staking QUILL on behalf of these DAOs, sponsors earn staking rewards and may establish revenue-sharing agreements, fostering a community-driven incubation ecosystem.
In summary, Ink Finance leverages its QUILL token to provide a comprehensive, scalable, and compliant framework for decentralized financial operations, enabling organizations to build effective on-chain management structures and establish financial credibility.
History of Ink Finance and QUILL Coin
Ink Finance was founded in 2021 by Tony Tang, who serves as CEO, and Camille Zhang, the co-founder. The platform aims to provide decentralized financial management tools for protocols, DAOs, and real-world asset originators.
The native token, QUILL, was launched through a series of funding rounds:
1. Seed Round (August 2021): Raised $1.5 million by selling 10 million tokens at $0.15 each.
2. Strategic Round (June 2024): Raised $5 million; specific token details were not disclosed.
3. Public Sale (November-December 2024): Raised $3 million by selling 5 million tokens at $0.60 each.
QUILL tokens were listed on exchanges such as KuCoin on December 2, 2024.
Ink Finance's roadmap includes:
1. Q1 2025: Launching advanced governance features and expanding support for real-world asset tokenization.
2. Q2 2025: Integrating with additional blockchain networks and enhancing compliance tools.
3. Q3 2025: Introducing a decentralized marketplace for financial products and services.
What Is QUILL Token Used for?
Ink Finance's native token, QUILL, serves multiple purposes within its ecosystem:
1. Access Platform Features: By staking QUILL tokens, DAOs can access Ink Finance's advanced features. This approach allows DAOs to preserve capital and, if needed, liquidate their staked QUILL tokens when exiting operations, effectively recapturing their initial investment.
2. Governance Participation: Staking QUILL grants DAOs the right to participate in Ink Finance's governance, influencing platform decisions.
3. Fee Payments: DAOs use QUILL to pay fees for issuing, settling, and clearing financial products on the platform.
Additionally, you can trade Ink Finance tokens on exchanges like KuCoin's Spot Market. Based on your risk tolerance and investment goals, you can buy, sell, or HODL $QUILL tokens in your portfolio after you DYOR.
What Is Ink Finance Tokenomics?
Ink Finance's native token, QUILL, plays a central role in its ecosystem. Here's a breakdown of its tokenomics:
Total Supply: 100 million QUILL tokens.
QUILL Token Allocation
1. Public Sale: 5.08% (5.08 million tokens).
2. Governance Staking Rewards: 25% (25 million tokens) are designated for governance staking rewards within the INK DAO and other DAOs utilizing QUILL as a governance token.
Vesting Schedule: The annual emission rate for staking rewards is dynamically calculated based on platform activity, ensuring a balanced distribution over time.
Ink Finance (QUILL) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.0302 | -14.26% |
| 7 Days | $0.0254 | 16.34% |
| 30 Days | $-0.8087 | -81.66% |
| 3 Months | $-0.4184 | -69.73% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
Ink Finance Conversion Rate
FAQ
How much is 1 Ink Finance (QUILL) worth?
KuCoin provides real-time USD price updates for Ink Finance (QUILL). Ink Finance price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time QUILL to USD exchange rates. Is Ink Finance (QUILL) a Good Investment?
Investing in QUILL provides access to Ink Finance's ecosystem, opportunities for passive income, and a role in platform governance.
1. Access to Advanced Features: Staking QUILL allows DAOs to utilize Ink Finance's comprehensive financial management tools, enhancing operational efficiency.
2. Governance Participation: By holding QUILL, you can influence platform decisions, contributing to its strategic direction.
3. Ink Finance Staking Rewards: Staking QUILL not only unlocks platform features but also provides emission rewards, offering potential passive income.
4. Incubation Opportunities: As a QUILL holder, you can sponsor emerging DAOs, supporting their growth and potentially sharing in their success.
5. Fee Capture Mechanism: Ink Finance uses a portion of its revenue to buy back QUILL tokens, which can support the token's value over time.
What Is Ink Finance Price Prediction?
The QUILL price prediction is influenced by demand for Ink Finance's services, token supply dynamics, staking activities, and broader market conditions.
1. Market Demand: Increased interest in Ink Finance's DeFi solutions can boost QUILL's demand, potentially raising the Ink Finance price.
2. Ink Finance Platform Adoption: As more DAOs and protocols utilize Ink Finance's tools, the demand for QUILL may rise, impacting the $QUILL price.
3. QUILL Token Supply: QUILL has a total supply of 100 million tokens. The circulating supply and any token burns or emissions can affect the QUILL to USD price.
4. QUILL Staking and Utility: Staking QUILL grants access to platform features and governance participation. Increased staking can reduce circulating supply, potentially influencing the QUILL crypto price.
5. Market Sentiment: Overall crypto market trends and investor sentiment can impact QUILL's price, as with other cryptocurrencies.
How to Stake QUILL Tokens on Ink Finance
By staking $QUILL tokens, you earn rewards and support the Ink Finance ecosystem. To stake your QUILL tokens on Ink Finance and earn rewards, follow these steps:
1. Acquire QUILL Tokens: Purchase QUILL on exchanges like KuCoin and transfer them to your crypto wallet.
2. Access the Ink Finance Staking Platform: Visit Ink Finance's official staking site.
3. Connect Your Wallet: Use a compatible cryptocurrency wallet to connect to the staking platform.
4. Stake Your Tokens: Specify the amount of QUILL you wish to stake and confirm the transaction.
Staking is flexible; you can stake and withdraw your tokens anytime without penalties. The current Annual Percentage Yield (APY) for staking QUILL is up to 300%, though this rate may change over time.
What is the all-time high price of Ink Finance (QUILL)?
The all-time high price of Ink Finance (QUILL) is $1.1900. The current price of QUILL is down 84.85% from its all-time high.
What is the all-time low price of Ink Finance (QUILL)?
The all-time low price of Ink Finance (QUILL) is $0.1296. The current price of QUILL is up 40.11% from its all-time low.
What is the market cap of Ink Finance (QUILL)?
The current market cap of QUILL is $1.4B. It is calculated by multiplying the current supply of QUILL by its real-time market price of $1.4B.
How do I store Ink Finance (QUILL)?
You can securely store your Ink Finance in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your QUILL include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert FLOKI (FLOKI) to cash?
You can instantly exchange your FLOKI (FLOKI) for cash using KuCoin's Fast Trade feature. This feature enables you to convert FLOKI to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.