What is Instadapp?
InstaDapp is a decentralized application that connects various platforms on the decentralized web, thus allowing users and developers to manage functions from one place. The integration of other dapps is done through smart contracts. They take the users' simple input and translates it to deliver more intricate operations. All the data from the application is public. InstaDapp's ecosystem is also known as Defi Smart Layer (DSL). The platform was launched on the Ethereum mainnet on December 19, 2018. Co-founders are Samyak Jain and Sowmay Jain. In April 2019, it released the V2 update. InstaDapp has its governance token INST. 100 million INST have been minted at the genesis and will become accessible over the course of 4 years. The vesting takes place continuously via a smart contract. InstaDapp's features are accessible through the dashboard. The platform creates each user a wallet where they can control Vaults. They can also carry out operations on Compound, UniSwap, and Maker.