The FilDA Report
Product Dynamics:
- Test the IoTeX network backup oracle contract.
- Handle the number of authorizations during repayment operations due to MetaMask upgrade for compatibility processing.
FilDA Product Data:
- Total deposits and loans: $8,390,572.88
- Current FilDA circulation: 220,308,882FilDA
- DAO pool pledge amount: 63,486,044.32 FilDA ($77,273.35)
- Number of current addresses: 145,409
- CMC market cap rank: 3775
- Coingecko Market Cap Rank: 2612
In August the loan agreement interest income for users (USDT):
- IoTeX :20,000.83
- HECO :14,669.77
Operational Dynamics:
- 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%.
- FilDA issued a notice: FILDA/GLIDE pledge pool rewards will end in the next few weeks. LP tokens can be withdrawn from the pool and claimed rewards at any time.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