According to Wu, the Aave community released an ARFC discussion on November 24, proposing that Aave DAO invest $4 million to purchase INST with a $350 million FDV, which represents about 1% of the total supply. Aave DAO will allocate up to 1/3 of the acquired INST tokens to support the GHO trading pair on Fluid through Merit; the remaining tokens will have a one-year vesting period and will be delegated to the Aave protocol Embassy to actively participate in the governance of Fluid. Over the past 7 days, INST has surged over 100% to a $720 million FDV. Parsec data shows that in the past 30 days, the INST balance in the main trading venue Uniswap V3 INST/ETH pool has sharply decreased from 29.2 million to 2.42 million. Over the past month, INST has risen over 475%. H/T: @cmdefi