An ever-evolving DeFi protocol and base for future financial system by @Instadapp
Apr 25 โข 13 tweets โข 4 min read
Introducing Fluid DEX v2 ๐
Weโve taken inspiration from everything in DeFi to build something beyond just a better DEX โ we're creating the most advanced decentralized exchange the crypto space has ever seen.
๐งต ๐
A quick recap
DEX v1 was launched in late 2024 and introduced novel concepts such as Smart Collateral and Smart Debt
In only 3 months, Fluid DEX became the fastest-growing DEX in crypto and the second biggest DEX on Ethereum by volume
Dec 3, 2024 โข 8 tweets โข 2 min read
Introducing $FLUID ๐
Here's what we propose:
โข Rebrand $INST to $FLUID
โข Buyback program with up to 100% revenue
โข Growth incentives plan to reach $10B market size by late 2025
โข Protocol-owned $FLUID liquidity on Fluid DEX
โข Allocate $FLUID for CEX listings, market making, fundraising, etc
Oct 29, 2024 โข 13 tweets โข 4 min read
It's time.
A revolution is underway and Fluid is leading the charge.
The Fluid DEX is here and DeFi will no longer be the same.
๐งต ๐
We've introduced a new way of LPing, one that changes how liquidity is provided and increases the efficiency of the DEX & LPs.
Previously, LPers relied on trading fees to make up their APRs and were unable to utilize their LPs beyond leverage.
That changes now.
Jun 19, 2024 โข 10 tweets โข 3 min read
1/ Announcing Fluid DEX!
The single most powerful, capital-efficient and scalable decentralized exchange built on top of the Fluid's Liquidity Layer. 2/ DEX will allow money market users to earn more on collateral & get discount on debt while for professional LPs to create leveraged LP position.
It uses a single auto-rebalancing range order which can be imagined as UX like Uniswap v2 and concentration like Uniswap v3.