Filda (FILDA) is a HECO-based DeFi project facilitating cross-chain lending. More
| Fully Diluted Valuation | $557,881 |
|---|---|
| 24H Trading Volume | $15 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 193.51 M |
| Total Supply | 500.00 M |
| Max Supply | 500.00 M |
| Categories | Lending/Borrowing 1 more |
|---|---|
| Founder | Anonymous |
| Name | Pair | OG Score |
|---|
In the dynamic realm of decentralized finance (DeFi), FilDA emerges as a significant player, offering a range of services including deposit, lending, and liquid mining across multiple chains. Let's explore FilDA's features objectively, shedding light on its operational dynamics and potential benefits for users.
1. Cross-Chain Functionality and Services:
FilDA distinguishes itself by providing cross-chain lending services, supporting various assets such as HUSD and HBTC. This feature enhances accessibility and versatility for users seeking to manage their digital assets across different blockchain ecosystems.
2. Dynamic Interest Rates and Governance Framework:
FilDA employs a dynamic interest rate mechanism, adjusted according to the utilization rate of funds on the platform. This approach ensures a fair lending environment without fixed terms. Furthermore, FilDA's governance token, FILDA, enables community participation in protocol decisions, fostering a decentralized governance framework.
3. Tokenomics and Reward Distribution:
FilDA operates with a maximum token supply of 500 million, primarily allocated for rewards. These rewards are distributed through mechanisms such as interest for lenders, liquidity incentives, and insurance protocol rewards. The gradual release of tokens over four years aims to sustain ecosystem growth while incentivizing user participation.
4. Asset Security and Liquidation Protocols:
FilDA prioritizes asset safety through collateral-backed lending protocols, minimizing risks associated with non-repayment by borrowers. In the event of default, collateral assets are utilized to settle outstanding loans, ensuring the protection of lenders' interests. Additionally, FilDA's lending protocol undergoes rigorous audits to mitigate potential vulnerabilities and safeguard user assets.
5. Future Outlook and Expansion Strategies:
Looking ahead, FilDA plans to leverage cross-chain technology to expand its asset offerings and facilitate seamless asset transfers across different blockchain networks. This strategic approach aims to broaden access to decentralized finance while fostering innovation and adoption within the crypto space.
Conclusion:
In summary, FilDA represents a significant advancement in DeFi lending, offering users a robust platform for managing digital assets across multiple chains. With its objective features, emphasis on asset security, and community-driven governance, FilDA is poised to contribute to the continued evolution of decentralized finance, empowering users to participate in a decentralized financial ecosystem effectively.
FilDA stands out for its HECO-based cross-chain lending platform, offering dynamic interest rates, collateral-backed loans, and governance through its FILDA token, providing users with flexibility and security in managing their digital assets.
The specific founders of FilDA are not disclosed publicly; however, the project is developed and maintained by a team with expertise in decentralized finance and blockchain technology.
