Summary
This proposal seeks approval to allocate $4M worth of $INST tokens (~1.145M $INST, assuming a $350M fully diluted valuation) to the Aave DAO. This initiative aims to strengthen the strategic relationship between two leading DeFi protocols—Fluid and Aave—enhancing alignment and collaboration.
Code Changes
Approve Aave Executor with $INST Token Allowance
Description
This proposal outlines the allocation of 1.145M $INST tokens to the Aave DAO, equating to $4M in token value at $350M FDV. The tokens will be utilized to:
- Support GHO Liquidity on Fluid
- Participate Actively in Fluid Governance
Conclusion
The sale of 1.145M $INST tokens at a $350M FDV to the Aave DAO establishes a significant strategic partnership between two DeFi protocols.
Forum link: Aave Alignment with INST Sale
