Instadapp (INST) Project Analysis
Instadapp is a DeFi aggregation and management platform that provides an integrated interface for users to manage assets, borrow, and stake across multiple DeFi protocols. By leveraging smart contracts, Instadapp simplifies the operational process within the decentralized finance ecosystem.
Aave Community Investment Proposal:
Recently, the Aave community approved a proposal to invest $4 million in INST tokens at a fully diluted valuation (FDV) of $350 million.
Proposal details: Aave Governance Forum
Instadapp serves as a DeFi aggregation and management platform, simplifying complex financial operations in the DeFi space.
Governance: $INST token holders participate in governance decisions for the platform.
Service Fees: Tokens are used to pay for transactions and services on the platform.
Rewards: $INST may be used to reward user participation in DeFi activities or as staking rewards.
Total Supply: 100,000,000 INST
Distribution:
55% (55,000,000 INST) allocated to the Instadapp community.
Initial Airdrop: 11 million INST were distributed based on the net positions of users in Maker, Compound, and Aave as of June 15, 2021.
Weekly Rewards: From June 16, 2021, 3 million INST were distributed over three months as proportional rewards for positions managed via DSA on Ethereum Mainnet Maker, Compound, and Aave (1 million INST per month).
Liquidity Provider Incentives: INST-ETH LPs on Uniswap V3 received 1 million INST in rewards over three months.
None.
None.
Twitter: https://x.com/instadapp (49,000 followers)
None
The platform continues to solidify its role as a DeFi aggregator with strong integrations across major protocols. Further adoption and utility expansions are anticipated, especially in governance and ecosystem participation.
Basic Information
Project introduction: Instadapp is a DeFi aggregation and management platform.
Token Full Name: INST
Token Symbol: INST
Project Website: https://instadapp.io
White paper: None
Blockchain Explorer: https://etherscan.io/token/0x6f40d4a6237c257fff2db00fa0510deeecd303eb
Liquidity Information: https://etherscan.io/address/0xc1cd3D0913f4633b43FcdDBCd7342bC9b71C676f
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2024/11/28
Instadapp (INST) Project Analysis
Instadapp is a DeFi aggregation and management platform that provides an integrated interface for users to manage assets, borrow, and stake across multiple DeFi protocols. By leveraging smart contracts, Instadapp simplifies the operational process within the decentralized finance ecosystem.
Aave Community Investment Proposal:
Recently, the Aave community approved a proposal to invest $4 million in INST tokens at a fully diluted valuation (FDV) of $350 million.
Proposal details: Aave Governance Forum
Instadapp serves as a DeFi aggregation and management platform, simplifying complex financial operations in the DeFi space.
Governance: $INST token holders participate in governance decisions for the platform.
Service Fees: Tokens are used to pay for transactions and services on the platform.
Rewards: $INST may be used to reward user participation in DeFi activities or as staking rewards.
Total Supply: 100,000,000 INST
Distribution:
55% (55,000,000 INST) allocated to the Instadapp community.
Initial Airdrop: 11 million INST were distributed based on the net positions of users in Maker, Compound, and Aave as of June 15, 2021.
Weekly Rewards: From June 16, 2021, 3 million INST were distributed over three months as proportional rewards for positions managed via DSA on Ethereum Mainnet Maker, Compound, and Aave (1 million INST per month).
Liquidity Provider Incentives: INST-ETH LPs on Uniswap V3 received 1 million INST in rewards over three months.
None.
None.
Twitter: https://x.com/instadapp (49,000 followers)
None
The platform continues to solidify its role as a DeFi aggregator with strong integrations across major protocols. Further adoption and utility expansions are anticipated, especially in governance and ecosystem participation.
Basic Information
Project introduction: Instadapp is a DeFi aggregation and management platform.
Token Full Name: INST
Token Symbol: INST
Project Website: https://instadapp.io
White paper: None
Blockchain Explorer: https://etherscan.io/token/0x6f40d4a6237c257fff2db00fa0510deeecd303eb
Liquidity Information: https://etherscan.io/address/0xc1cd3D0913f4633b43FcdDBCd7342bC9b71C676f
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2024/11/28