Instadapp Proposes Rebrand and New Tokenomics Following Fluid Launch

Instadapp wants to rebrand following the blazing success of its Fluid protocol. On Dec. 3, Instadapp published a proposal to its governance forum outlining plans to rebrand, restructure its governance and tokenomics, and launch incentives designed to bootstrap the adoption of its recently launched dApp, Fluid. The proposal calls for rebranding Instadapp to Fluid, migrating INST tokens to a new FLUID asset, and earmarking 12% of the project’s treasury to finance growth initiatives. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant