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What is Instadapp all about
Instadapp is a platform focused on leveraging the full potential of Decentralised Finance. It serves as a middleware that aggregates various DeFi protocols into a single layer.
The platform is open-source and developer-friendly. Developers can create extensible use-cases and models reliably, and securely. Instadapp's system is non-custodial. This means that the user retains complete control over their assets.
Instadapp is basically a smart wallet application. It has an intuitive interface and is optimized in a manner that's transparent to everyone. Instadapp dashboard lets users check all their DeFi assets in one place. With Instadapp, users can manage many different DeFi applications. This in turn allows them to take advantage of projects like Uniswap, MakerDAO, or Compound, and maximize their returns across these, and other, DeFi protocols. The platform gives users easy access to executing complex actions such as leveraging, repaying loans, and providing liquidity. Instadapp also provides several bridging solutions for cross-chain asset management.
Upcoming and new extensions on Instadapp will be upgraded, maintained, and managed by INST governance. The DSL (DeFi Smart Layer) also includes a new operability layer. It acts as an ‘Account Extension.’ These extensions let users access new and unique functions for their accounts. The DSL consists of several components. The main module is known as the DeFi Smart Account (DSA), a smart contract wallet built as a way to access the DSL.
True to the idea of decentralization, Instadapp has a decentralized governance system. INST, the protocol's native token, is used by holders to shape Instadapp's future. It first launched in 2021, moving the platform further into decentralization. INST tokenholders get to determine which protocols and features will be integrated into the DSA. They are also responsible for resource allocation from the token treasury. Furthermore, INST can be used for liquidity mining. INST token has a fixed total supply of 100 million tokens.
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INST Questions & Answers
What is the Instadapp price today?
Today's price of Instadapp is at 0.61 Euro.
What is the price of Instadapp going to be half year from now?
The process of predicting the future over the long term is very challenging, but according to our prediction algorithm we estimate that Instadapp's price will reach anywhere between €0 and €2.03 half year from now.
What was the highest price of Instadapp?
The price of Instadapp reached its highest point on 2021-06-16, at 20.33 EUR.
What will the Instadapp price be in three months?
Based on our price prediction algorithm we estimate the value of Instadapp is likely going to be between €0 and €2.03 in 90 days.
Is Instadapp going to be worth more in 1 month?
Based on our price prediction algorithm we suspect that Instadapp's price will reach between €0 and €2.03 1 month from now.
10 days Instadapp price forecast
Long term Instadapp price prediction