What is Instadapp ETH v2?

Instadapp is a decentralized finance management platform founded in 2018 by Sowmay Jain and Samyak Jain. It enables users to access and manage multiple DeFi protocols through a unified interface. Initially developed to manage MakerDAO CDPs, the platform has since evolved to support various protocols, featuring a user-friendly dashboard for monitoring DeFi positions and executing transactions.

The native token, iETH v2, serves as a tokenized deposit from the Instadapp Lite Vaults. The platform includes functionalities such as automatic portfolio rebalancing, multi-step transactions, and advanced lending strategies. Instadapp continues to enhance its offerings, including the recent addition of the Avocado wallet, which represents its foray into account abstraction.