According to Foresight News, the DeFi protocol Fluid Protocol launched by the Instadapp team has released a brand redesign and growth plan proposal, suggesting to rename the token INST to FLUID and implement a 100% revenue buyback plan. The proposal suggests a one-time allocation of 12% from the governance fund to finance growth initiatives, with Instadapp governance retaining 43% of the funds.
Fluid's plans for December 2023 include: launching DEX on L2, upgrading to ETH Lite Vault, adding more assets to Fluid, launching DEX v2, etc.