BULLISH $INST to $FLUID rebrand governance proposal is now live.
- Fluid aims to reach a $10B market size by late 2025. It became the 3rd largest DEX on Ethereum within a month of its launch with only three pools — with more pools, it has the potential to surpass Uniswap in the future.
- Fluid is a haven for LPs right now, so I believe they’re going to attract more interest in the near future.
- Fluid plans to use 100% of its earnings to buy back tokens once it reaches $10M in annualized revenue.
- $INST holders can swap into $FLUID tokens without taking any additional steps. The total supply will remain the same.
- To accelerate its growth plan, Fluid will use 12% of the 43% total supply held in the treasury.
- Fluid has more plans, including adding new pools, more asset pairs, L2 integration, and the launch of DEX V2.
From X
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