The Instadapp platform is a comprehensive platform that allows both users and developers to fully utilize the potential of DeFi. It utilizes the Instadapp protocol ('DSL') as a middleware that combines multiple DeFi protocols into one smart contract layer that can be upgraded. This unique structure enables Instadapp to harness the full power of Decentralized Finance.

The DSL has two main functionalities: account extensions and upgradability. The upgradability feature ensures that upcoming and new extensions will be upgraded, maintained, and managed by INST governance. The DSL also introduces an operability layer called 'Account Extension,' which enables users to access new and unique functionalities for their DSL account. This flexibility and continuous evolution of the platform create a DeFi hub that facilitates the creation of new use cases and extensions, such as Flash Loan Module, Authority extension, L2 extension, and more.

What is INST token and its role in Instadapp?

INST is the governance token of Instadapp. It plays a vital role in decentralizing the platform. INST token aligns incentives among users, developers, and businesses, ensuring collective stewardship of Instadapp's future. The direction and evolution of the Instadapp platform will be determined by INST tokenholders.