The FilDA Report

August 2023

FilDA
1 min readSep 15, 2023

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 LP tokens can be withdrawn from the pool and claimed rewards at any time.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

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FilDA
FilDA

Written by FilDA

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

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