Introducing INST

liquidity farming
liquidity mining
staking
from 16 Jun 2021 to 16 Sep 2021
Active
Event Info

We built Instadapp three years ago to make DeFi more accessible and easier to use. Since then, Instadapp has become a mission-critical piece of DeFi infrastructure, having achieved the following milestones:

Nearly 55,000 Instadapp DSA created.

More than $5B TVL in Instadapp DeFi Smart Accounts.

Over 50% of all flash-loan volume on Ethereum originated via Instadapp.

INST Allocation 100 million INST (100,000,000 INST) have been minted at the genesis and will become accessible over the course of 4 years.

The initial allocation is as follows:

55% (55,000,000 INST) to Instadapp community members.

23.79% (23,794,114 INST) to current team members with 4-year vesting.

12.07% (12,078,714 INST) to investors with 4-year vesting.

7.85% (7,851,941 INST) for future team members and ecosystem partnership.

1.27% (1,275,231 INST) to advisors with 4-year vesting.

Note: The vesting occurs continuously via a smart contract.

Liquidity Mining (16/06/2021 to 16/09/2021)

Upon importing to DSA v2, you’ll be eligible for a 3-month long liquidity mining program. A total of 3,000,000 INST will be distributed proportionately to the net value of your Maker, Compound & Aave positions on Ethereum Mainnet.

The INST will be available to claim weekly on the

Instadapp dashboard. These INST are not subject to vesting or lock up.

UNI-v3 Staking (16/06/2021 to 16/09/2021)

The first-ever liquidity mining on top of the Uniswap v3 price range pool is live with the ERC20 implementation on the Ethereum mainnet. The following pools are eligible for INST rewards in the 3-month staking program.

Pool #1 has 0.01 ETH/INST as the minimum and 0.04 ETH/INST as the maximum price. This pool is eligible for 250,000 INST rewards.

Pool #2 has 0.04 ETH/INST as the minimum and 0.1 ETH/INST as the maximum price. This pool is eligible for 750,000 INST rewards.

You can manage the Uniswap v3 pool with ERC20 implementation here, and INST will be available to claim immediately. These INST are not subject to vesting or lock up.