The official governance page shows that the Aave community has initiated the ARFC proposal “Strategic Partnership with INST Token and Instadapp”. The proposal suggests that the Aave DAO invest $4 million in INST Token with a $3.5 billion FDV and establish a strategic partnership with the multi-chain Decentralized Finance management protocol Instadapp, strengthening cooperation and coordination between the two protocols. Aave DAO will become the launch partner for Instadapp’s new tokenomics and brand reshaping, and will provide support and promotion for Instadapp products utilizing the Aave protocol, including GHO and Fluid integrations, involving prioritized and customized support for the Instadapp team integration, including providing free Flash Loans to the Instadapp protocol. Aave DAO will allocate up to 1/3 of INST to support the GHO trading pair on Fluid through Merit, with the remaining tokens subject to a one-year lock-up period and entrusted to the Aave Protocol Embassy.
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