Fluid Protocol, part of the Instadapp team, has proposed a rebranding and growth plan. The proposal includes renaming the token from INST to FLUID and implementing a revenue repurchase plan of up to 100%. Additionally, 12% of the governance treasury will be allocated for growth initiatives, while 43% will be retained. Over the next 12 months, Fluid plans to launch several upgrades, such as listing DEX on Layer 2, upgrading the ETH Lite Vault, adding more asset support, and launching DEX v2.

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PANews reported on December 4 that the DeFi protocol Fluid Protocol under the Instadapp team released a proposal for a rebranding and growth plan, intending to rename the token INST to FLUID and implement a maximum 100% revenue repurchase plan. The proposal also suggested allocating 12% from the governance treasury for growth initiatives while retaining 43% of the governance funds.
 Fluid plans to launch a series of upgrades in the next 12 months, including listing DEX on L2, upgrading ETH Lite Vault, adding more asset support, and launching DEX v2.

Fluid Protocol Proposes Rebranding and Growth Plan, Renaming Token to FLUID