Saucy Block strongly supports making strategic investments in $INST Token.
However, we oppose allocating 1/3 of acquired $INST tokens as incentive costs through Merit. If the goal is to enhance GHO’s stability, we recommend the following alternative approaches:
- GLC secure non-INST assets from Aave DAO Treasury as additional buget
- Launch INST/GHO Pool on Fluid DEX as Protocol-Owned Liquidity (POL) in collaboration with Instadapp.