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.