October 2021

A monthly report about news and development for FilDA: Secure your own wealth

Product Dynamics:

  1. Adjust the upper limit of the loan quick-select options to 90% in order to guard against the risks of volatility.
  2. Improve the FilDA 2.0 pledge lending page.
  3. Support multi-chain switching mechanism.
  4. Update the oracle contract…

FilDA 2.0: Striving to create a safe global multi-chain lending ecosystem

As the first lending project on HECO, FilDA was very honored to help the chain grow its DeFi opportunities. Now live for nine months, since launching in January 2021, FilDA currently provides loan services for 23 cryptocurrency assets. Peak TVL has exceeded $2.1 billion USD, and interest earned has exceeded…

September 2021

A monthly report about news and development for FilDA: Secure your own wealth

Product Dynamics:

  1. Added TUSD-FILDA liquidity incentive pool
  2. Added ELK Airdrop Active Pool
  3. Updated LP Price Predictor
  4. To address the current high volatility in assets, the maximum front-end loan utilization rate was changed from 99 per cent to…

A new partnership between FilDA and Elk accelerates the new era of comprehensive cross-chain DeFi services

FilDA is currently preparing to deploy on new chains (inc. Polygon) and, to encourage this cross-chain ethos, we are pleased to be working with Elk Finance to bring cross-chain solutions to our communities.

What is Elk?

Elk seeks to address fragmentation across blockchains. Currently, there are dozens of L1s and L2s that, make…

The banking (lending and borrowing) protocol on FilDA.io is a revision based on Compound. It allows users to deposit supported assets and earn interest on these deposits (lending), and also allows users to use their deposited assets as collateral against loans of supported assets (borrowing).

Each loan is over-collateralized, this means you must deposit more than you borrow. Loans have no time limit for repayment, require no credits checks or divulgence of personal information and borrowed funds are instantly transferred to your connected wallet. Once in your wallet they are wholly yours.

Liquidations can occur…

August 2021

A monthly report about news and development for FilDA: Secure your own wealth

Product Dynamics

  1. Added support for TUSD asset borrowing and lending.
  2. Supported the Lucky Heco NFT campaign.
  3. Fixed the vulnerability for the Cream attack event.
  4. The lending function for Heco super node voting has been developed and will be released after being audited.
  5. Add MDEX LP pledge and automatic reinvestment interest-bearing…

Location: FilDA Telegram

Date and time: August 9th, 1200UTC

We started with questions for our guest from TUSD and they provided the following comprehensive answers:

Introduction of TUSD

First let me give you an introduction on TUSD. TrueUSD (TUSD) is the first independently-verified digital asset redeemable 1-for-1 in US Dollars…

July 2021

I: Project Statistics

  • TVL: $191.63m
  • Total Deposits & Loan: $306.36m
  • Current $FilDA Supply: 79,935,576
  • Market Cap: $10,899,599
  • Current FilDA Liquidity Pools: 4 Pairs
  • FilDA LP Staking: https://filda.io/staking
  • Current DAO Pool Total: 27.11m $FilDA
  • HECO Node position: 1st

II: Community Update

  • Twitter: 22k followers
  • Global (English) Telegram Group: 2,757 members
  • WeChat (Chinese) groups: ~3650 members

III: Development Update

FilDA Finance update 15th July 2021

I: Project Statistics

TVL: $232.54m

Total Deposits & Loan: $352.80m

Current $FilDA Supply: 74,984,664

Market Cap: $11,054,639

Current FilDA Liquidity Pools: 4 Pairs

FilDA LP Staking: https://filda.io/staking

Current DAO Pool Total: 27.289m $FilDA

II: Community Update

Twitter: 20.7k followers

Global (English) Telegram Group: 2,734 members
WeChat (Chinese) groups: ~3600 members

III: Development Update

Website:

  • Design work has been mostly…

FilDA

FilDa is your portal into the next wave of decentralized finance.

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