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#FILDA DEVELOPER NEWS DESK — 2022-10-16

The FilDA Report


News from the FILDA Coin Development team on October 16, 2022

August 2022

FilDA Operational Monthly Report

  • Changed HUSD to USDT as the FilDA page display pricing basis.
  • Develop and optimize the FilDA DAO upgrade contract and related pages.
  • Scan and clean FilDA historical cache data.

FilDA Product Data:

  • Total deposits and loans: $25,961,252.93
  • Number of current addresses: 145,379
  • Current FilDA circulation: 191,324,911 FilDA
  • DAO pool pledge amount: 71,882,962.39 FilDA ($ 291,704.83)
  • CMC market cap rank: 3010
  • Coingecko Market Cap Rank:2049

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

  • HECO: 41,421.72
  • IoTeX: 60,315.54
  • ESC: 6,920.69

Operational Dynamics:

  • On August 10th, the HECO chain destroyed 180,000,000 FilDA (the fourth burn on HECO). So far, the HECO chain has destroyed a total of 250,000,000 FilDA.
  • Recently, FilDA tweeted: The transition of the Ethereum merger will not affect the operation of the FilDA’s system and its services (including lending and liquidation).

FilDA on Twitter: "The upcoming transition of Ethereum to Proof-of-Stake (The Merge) should not affect FilDA's systems, with no immediate action needed. FilDA and its services, including lending and liquidation, will remain operational during and after the Merge to PoS. / Twitter"

The upcoming transition of Ethereum to Proof-of-Stake (The Merge) should not affect FilDA's systems, with no immediate action needed. FilDA and its services, including lending and liquidation, will remain operational during and after the Merge to PoS.

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



Source     #FILDA Price


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