Instadapp
Building a suite of tools to leverage the full potential of DeFi and bring it to the masses.
Building a suite of tools to leverage the full potential of DeFi and bring it to the masses.
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Instadapp proposed renaming the INST token to FLUID via a 1:1 swap and restructuring tokenomics and governance, aligning the token with the Fluid protocol's vision; the proposal passed with near-unanimous support.
Instadapp launched Fluid, a unified DeFi liquidity layer combining lending, borrowing, and DEX trading that shares a single liquidity pool; INST became its governance token.
Instadapp launched Avocado, a next-generation smart contract wallet enabling multi-network transactions with in-built account abstraction, gasless experience, and cross-chain execution.
INST went live as the governance token for Instadapp's DeFi Smart Layer, with 11 million INST airdropped to Maker, Compound, and Aave users on mainnet and Polygon.
Instadapp raised a $10 million funding round led by Standard Crypto, with participation from Yearn.finance founder Andre Cronje, DeFi Alliance, and Longhash Ventures, bringing total funding to $12.4 million.
Instadapp raised a $2.4 million seed round led by Pantera Capital, with participation from Coinbase Ventures, Naval Ravikant, Balaji Srinivasan, IDEO Colab, Robot Ventures, and Kyber Network's Loi Luu, to build its DeFi aggregation platform.