FilDA Monthly Report

2 min readOct 19, 2023

September 2023

Product Dynamics:

  • Update the IoTeX network oracle to enhance the stability of price feeds.
  • Adjust the BUSD interest rate model on the IoTeX chain to promote repayment.

FilDA Product Data:

  • Total deposits and loans: $7,428,868.27
  • Current FilDA circulation: 221,564,671 FILDA
  • DAO pool pledge amount: 64,471,015.48 FILDA ($79,014.37)
  • Number of current addresses: 145,404
  • CMC market cap rank: 3376
  • Coingecko Market Cap Rank: 2616

In August the loan agreement interest income for users (USDT):

  • IoTeX: 40,737.34
  • HECO: 12,203.84

Operational Dynamics:

  • On September 14, FilDA announced that BUSD will be deprecated in various markets, and the BUSD liquidation threshold on the FilDA ESC network and IoTeX network will gradually be reduced to 0%.
  • On September 15, FilDA notified the community that FILDA/GLIDE pool rewards will end in the coming weeks. LP tokens can be withdrawn from the pool, and rewards claimed, at any time.

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




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