FilDA Monthly Report

FilDA
2 min readFeb 28, 2022

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. This improves convenience for users when switching between our different networks.
  • Support the IOTX-FilDA LP incentive function on the IoTeX network.

Product data:

  • Total deposits and loans: $80,134,769
  • Number of current addresses: 145,202
  • Current FilDA Circulation: 147,977,606 FilDA
  • DAO Pool Stake: 57,639,023 FilDA ($1,280,446.50)
  • CMC market cap rank: 3786
  • Coingecko Market Cap Rank: 1728
  • In January, the loan agreement generated interest income: 290,296.56 USDT.

Operational dynamics:

  • On January 10, KingData tweeted an ecological weekly report: FilDA’s on-chain data from January 1 to January 7
  • IoTeX TVL ranked in the top 5.
  • https://twitter.com/kingdata_com/status/1480534966861590529?s=21
  • On January 18, FilDA-IOTX liquidity support was opened. FilDA has supported lending services for IOTX, USDT, BTC, ETH and other assets on the IoTeX chain.
  • On January 19, FilDA destroyed 50 million FILDA on the HECO chain.

Finally: The FilDA Community Discord channel has been created. Everyone is welcome to join us: ​https://discord.gg/YJSFvzGwxF

About FilDA

FilDA is a decentralized banking platform containing two fundamental protocols:

Banking — Lending and Borrowing assets (based on Compound)
Staking — Locking of assets to earn rewards (based on Harvest)

· FilDA Website

· FilDA Twitter and Telegram Channel

· FilDA GitHub

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FilDA

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