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FilDA is the first cross-chain lending DeFi project on the HECO network. It offers users deposit, lending, and liquid mining services. Currently, it supports lending for 20 different assets, including HUSD and HBTC. By depositing digital assets, users can earn interest and FilDA tokens. Borrowing digital assets also allows users to earn FilDA tokens. Additionally, users can deposit FilDA single currency in DAO and participate in community governance to receive FilDA incentives.
FilDA operates on the chain through smart contracts, divided into Loan Agreement, Pledge Agreement, and DAO Governance Agreement. It provides a cost-effective and efficient asset conversion platform for the crypto world. In the future, FilDA plans to leverage cross-chain technology to expand the range of supported crypto assets and facilitate seamless asset flows and conversions.
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What is FilDA?
FilDA is the world's first Heco-based cross-chain lending DeFi project. It recently launched the Genesis Mining Fair on January 5, 2021, offering various asset loan functions such as HUSD, HBTC, HT, ELA-HECO, USDT-HECO, HDOT, HLTC, HBCH, ETH, HPT, HBSV, HXTZ, and more. FilDA is also the first open platform on Heco for publishing APY data and real-time loan stats.
Currently, the total value of deposits and loans on the FilDA platform has exceeded $12 billion, with FilDA LP surpassing $30 million, making it one of the top three projects on Heco. FilDA has no fundraising or pre-mining and aims to be the preferred user-friendly DeFi loan platform on Heco.
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