The Aave community proposed to establish a strategic partnership with Instadapp and invest in the INST token.

The $Aave community has initiated an ARFC proposal to establish a strategic partnership with Instadapp through an investment in $INST tokens. The proposal outlines that the $Aave DAO plans to invest $4 million in $INST tokens at a fully diluted valuation (FDV) of $3.50 million, aiming to strengthen collaboration and coordination between the two. The $Aave DAO will allocate up to 1/3 of the $INST tokens to support GHO trading pairs on Fluid through Merit. Additionally, the DAO will provide support and promotion for Instadapp products utilizing the $Aave protocol, including GHO and Fluid integration. The remaining tokens will be set with a one-year vesting period and authorized to the $Aave Protocol Embassy.