March 2022 FilDA Operational Monthly Report Launched FilDA lending on the Elastos Smart Chain (ESC) network. Started liquidity mining and partner joint mining in ESC. Upgrade the SDK to enable WalletConnect for connecting wallets. Adjusted gas fees so FilDA uses a smaller estimate to avoid user misunderstandings. Product Data: Total deposits and loans: $71,241,652,89 Number of…

Details of the FilDA team efforts to return lost funds to users affected by the hack: IOU bonds, 10% fixed APR on stablecoin assets, full reparations for all losses. — As already stated, the FilDA team is dismayed by the actions of those who sought to disrupt the DeFi efforts of the FilDA protocol on Elastos Smart Chain. Furthermore we fully accept responsibility to correct the engineering that permitted the breach, and we are facing the challenge of ensuring that…

What happened? As stated in the last community update, an exploit was orchestrated by an attacker on FilDA-ESC. The dev team identified the root cause and fixed it alongside the Slowmist team. The hacker’s address is being analysed, traced, and added to the blacklist of security organisations and exchanges. All related functions…

At 7:00 PM UTC on Tuesday April 12th 2022, an exploit was orchestrated by an attacker on FilDA-ESC. The dev team immediately began to diagnose the cause alongside our security partners. The cause has been preliminarily identified, and the dev team urgently suspended all deposits and borrowing on FilDA-ESC. Please…

February 2022 Product News: Upgrade the V1 and V2 clearing pages to simplify the manual clearing process. Support HUSD-USDT LP deposits on the HECO network. Deployed and launched on the ESC chain, and opened support for mainstream assets such as ELA, BTC, ETH, BUSD,USDC and HUSD. Product Data: Total deposits and loans: $ 63,054,721,61 …

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To encourage FilDA users to our Discord, and to welcome IoTeX further, we are running the following event… (Times are UTC+8) “FilDA joins IoTex” Community Airdrop is live Join FilDA Community Discord channel to qualify! 📌How to participate: Follow FilDA’s official Twitter account (@fildafinance), retweet the pinned tweet on Twitter…

January 2022 Product dynamics: Launched the leveraged lending function on the Arbitrum network and completed the integration with CreDA. Optimized IoTeX network layout and display for the staking mining page. Added the function of switching networks to the v1 version on HECO. …

Following the IoTeX Spotlight on YouTube, find out some more about FilDA’s DeFi journey as it continues on IoTeX. FilDA Finance is a stable, safe, and well-known way to use lending and borrowing in securing DeFi profits. IoTeX combines secure blockchain tech with the Internet of Things (IoT). Backed byaward-winning…