Cryptocurrency plunge creates uncertainty in DeFi

Extreme market conditions (19 May 2021) provide “big test” for DeFi ecology.

Responding to market ups and downs with product evolution

  • BTC collateral
  • USDT loan
  • Sufficient HT available to clear the USDT loan, but deposited on FilDA rather than in the connected wallet
  • To clear the USDT loan the user chooses to use their HT in savings to repay. The contract processes this all automatically.

What next for FilDA?

Limit orders

Cross-Chain Deployment to Expand Market Share

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FilDA

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