The DeFi protocol Fluid Protocol, under the Instadapp team, is undergoing a rebranding, planning to change the token name from INST to FLUID, and launching an ambitious growth plan. 💡 This plan includes a revenue buyback of up to 100%, aimed at enhancing token value. Additionally, the proposal suggests allocating 12% of governance funds for growth initiatives while retaining 43% of governance funds for contingencies.

In the coming year, Fluid will launch a series of upgrades: launching a decentralized exchange (DEX) on L2, upgrading the ETH Lite Vault, adding more asset support, and launching DEX v2. 🚀 These initiatives are designed to enhance user experience and the market competitiveness of the protocol.