There will be a gradual reduction of BUSD liquidation thresholds to 0% on IoTeX and ESC Chains — In anticipation of the forthcoming deprecation of BUSD across various markets, including both the IoTeX and ESC chains, it has become imperative to take decisive steps to maintain the stability and integrity of the FilDA protocol. To navigate this critical phase, we propose a uniform and phased reduction of the…

July 2023 — Product Dynamics: Optimize veToken function and operation process and improve APY display Support added for WalletConnect 2.0 Solve the operation bug of insufficient authorization balance due to MetaMask upgrade authorization rules FilDA Product Data: Total deposits and loans: $10,326,537.72 Current FilDA circulation: 219,259,802 FILDA DAO pool pledge amount: 62,569,798.26 FILDA ($83,324.64)

June 2023 — Product Dynamics: Deployed FilDA on the BTTC network. Deployed FilDA on zkSync testnet. FilDA Product Data: Total deposits and loans: $11,564,830.95 Current FilDA circulation: 218,323,704 FILDA DAO pool pledge amount: 61,676,652.35 FILDA ($78,905.70) Number of current addresses: 145,408 CMC market cap rank: 4399 Coingecko market cap rank: 2641 In June the loan agreement interest income…

May 2023 — Product Dynamics: Deployed FilDA on BTTC test network and main network. The veFilDA module was launched on the BTTC testnet and mainnet. FilDA Product Data: Total deposits and loans: $12,066,533.74 Current FilDA circulation:217,192,392 FILDA DAO pool pledge amount: 58,126,412.15 FILDA ($70,633.21 Number of current addresses: 145,467 CMC market cap rank: 4524 Coingecko Market Cap rank…

June 16th, 2023: Exploit resolved with no losses for users. Open for business again We are pleased to report that all FilDA services on Elastos Smart Chain have resumed. Asset deposits, LP deposits, loans, $FILDA staking and $FILDA LP farms are all fully operational following the attack on our protocol. Asset retrieval We were able to…

April 2023 — Product Dynamics: Deployed FilDA on the BTTC EVM network. Deployed FilDA on zkSync Era testnet network. FilDA Product Data: Total deposits and loans: $15,139,754.59 Current FILDA circulation: 213,890,85 FILDA DAO pool pledge amount: 57,700,783.61 FILDA ($96,492.94) Number of current addresses: 145,556 CMC market cap rank: 4128 Coingecko Market Cap Rank: 2613 In April the loan…

May 11th, 2023 The Elastos Smart Chain FilDA dApp remains paused for now. As part of this cessation of on-chain activity for FilDA lenders and borrowers, loans are not at risk of liquidation while deposits are unavailable. Fund retrieval The following assets are now back under our control, and we continue to negotiate with the hacker to return more.

FilDA will be fully launched on BTTC at 0800 UTC on April 30th, 2023. Platform users can obtain FILDA tokens by deposit and loan mining through using their assets on filda.io. veTOKEN economics are now part of the FilDA way. Furthermore, bonus incentives will be shared by early deposits and…

April 27th, 2023 We continue to liaise with the hacker, partners and advisors with regards to the incident last weekend. Progress is being made and funds are being returned and retrieved. See below to see the status of funds that are now back with FilDA: Recovered by FilDA 80,000 ELA Returned by hacker 162,000 ELA 21,079…