-
Token holders gain real control over Fluid’s IP and protocol decisions for the first time.
-
The $250K/month Foundation budget sparks debate on fair value and incentives.
-
Fluid aims for $50B TVL in 2026, with DEX v2, Venus Flux, and Solana growth driving expansion.
Fluid Protocol is making a strategic shift by proposing the creation of the Fluid Foundation, signaling a new chapter in its governance and institutional ambitions. The move comes as DMH, former Fluid team lead, steps into the director role at the Foundation.
He explained that while a fully DAO-owned protocol empowers token holders, a DAO alone cannot meet AML, KYC, banking, or regulatory obligations without compromising decentralized governance. Hence, the Foundation would act as a recognized legal entity serving the protocol while operating through custodians and directors.
According to DMH, the Foundation will manage all intellectual property, including smart contracts, front-end domains, and other assets. “Rather than remaining with the team or early contributors, for the first time, token holders will get real, enforceable control over Fluid’s IP,” he emphasized.
The proposed operational budget of $250K monthly, funded as a DAO grant, will cover engineering, growth, risk, security, finance, and marketing. Furthermore, DMH highlighted that DEX v2 audits are completed, and the launch is planned immediately after the ongoing sherlockdefi contest concludes around March 10. The team anticipates v2 becoming the largest DEX by volume across all chains this year.
Institutional Access and Expansion Plans
Fluid is actively working with multiple institutions that seek more robust DeFi offerings than traditional vaults or curated systems provide. Onboarding institutions involves six months or more of legal and compliance coordination. The first institutional partners are nearing launch.
DMH outlined additional initiatives: Lite USD vault deployment expected this week, Venus Flux launch on BNBCHAIN in partnership with venusprotocol on February 26, and rapid growth on Solana via jup_lend. Following the DEX v2 launch, Fluid plans an insurance protocol to safeguard lenders. The internal goal for 2026 is $50B TVL, with multiple off-chain initiatives in progress.
However, some governance members question the $3M annual Foundation budget, arguing it risks overcompensating the Foundation without guaranteeing proportional value for FLUID holders. A proposed alternative uses a lower base compensation with a commission on protocol revenue, aligning Foundation incentives with token holders during revenue booms.
Ignas, another community participant, supported the proposal, noting it prevents potential equity-token conflicts seen at platforms like Aave. He also raised questions on token-holder authority, liability, and legal responsibilities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tunku Ismail Idris New Blueprint: RMJDT Stablecoin Launched, Application for Singapore Holland Road Development
Malaysia's Johor Regent Tunku Ismail Idris owns a diversified business empire spanning real estate, construction, healthcare, and cryptocurrency. His subsidiary launched the stablecoin RMJDT pegged to the ringgit, which is currently in the regulatory sandbox testing phase. The Johor royal family's assets are approximately 5.7 billion, primarily concentrated in Singapore real estate.
MarketWhisper22m ago
Swiss Centennial Bank Banque SyzUP Splits Over Bitcoin, Son Takes Team and Assets to Build Europe's Largest BTC Treasury
Geneva's century-old private bank Banque Syz rejected a cryptocurrency asset integration proposal by its board of directors, prompting Marc Syz, son of the founder, and his partner Richard Byworth to resign and establish a bitcoin treasury company. Although the proposal only involved 0.9% of the bank's assets, it reflects contradictions between family members and traditional banking models. Marc's departure signals a reflection on the growth bottlenecks of traditional private banking and an entry into the bitcoin market where risks and uncertainties coexist.
動區BlockTempo41m ago
Midas Suspends mAPOLLO Instant Redemption Feature Due to Association with USR Token
Gate News reported that on March 23, RWA tokenization platform Midas announced that due to the association between mAPOLLO and USR tokens, the team has temporarily suspended the instant redemption function for mAPOLLO assets out of caution. Midas emphasized that this is a standalone measure for mAPOLLO, and operations of other assets on the platform remain unaffected.
GateNews55m ago
IoTeX Foundation Opens Cross-Chain Bridge Security Incident Compensation Claim Channel
Gate News reported that on March 23, the IoTeX Foundation announced the official launch of a cross-chain bridge security incident compensation claims channel. According to previous reports, analysts noted that IoTeX private keys were suspected to have been compromised, with asset losses of approximately 4.3 million dollars; the IoTeX official statement indicated that on-chain attack losses were approximately 2 million dollars.
GateNews1h ago
Meta's Metaverse failure, Solana's president dismisses GameFi—are blockchain games really gone for good?
Solana Foundation President Lily Liu stated that blockchain gaming is difficult to recover and bluntly said it "won't come back," reflecting shaken market confidence. Despite once attracting massive investment, the gaming model lacks sustainability and content, causing the market to shrink to $1.212 billion. Developers are shifting focus to emphasize gaming essence, viewing blockchain as an auxiliary technology rather than a core selling point.
CryptoCity1h ago
Swiss Private Bank Banque Syz Experiences Family Split Over Bitcoin Strategy Rift, Founder's Son Resigns
Swiss private bank Banque Syz SA in Geneva has erupted into a generational family split due to major disagreements between founder Eric Syz and his son Marc Syz over cryptocurrency strategy. Marc has departed along with business partner Richard Byworth, planning to advance a dual listing for bitcoin treasury company Future Holdings AG.
GateNews1h ago
