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 LP tokens can be withdrawn from the pool, and rewards claimed, at any time.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
