FILDA (FilDA) Introduction

1. Brief Introduction

FilDA is a HECO-based cross-chain DeFi project that connects assets on multiple public chains such as Ethereum, NEO, and Elastos through cross-chain bridging and realizes cross-chain banking and staking in it. As of now, FilDA supports all H series assets.

2. Detailed Introduction

FilDA is the first HECO-based cross-chain lending DeFi project which provides users with deposit, lending, and liquid mining services. It now supports lending for 20 kinds of assets, including HUSD and HBTC. Interest and FilDA can be obtained by depositing digital assets, and FilDA can be earned by borrowing digital assets. Users can also deposit FilDA single currency in DAO and participate in community governance to get FilDA incentives.

Divided into Loan Agreement, Pledge Agreement, and DAO Governance Agreement, FilDA runs automatically on the chain based on smart contracts, providing a low-cost and high-efficiency asset conversion platform for the crypto world. In the future, it will rely on cross-chain technology to expand more crypto assets and enable a wider range of asset flows and conversions.

3. Token Allocation

95% of the tokens are generated by mining.

The other 5% is allocated to the team and released at the same rate as mining.

4. Token Information and Release Schedule ( Only provide when available)

1) Total Token Supply: 500,000,000

2) Circulating Supply: 24090852 FilDA tokens (as of the early morning of February 19, 2021)

3) The current release rule is: 12 FilDA tokens will be released every 3 seconds (HECO block speed) until all the tokens are released.

5. Related Links

1) Official website: https://filda.io

2) Whitepaper: https://docs.filda.io

3) Telegram: https://t.me/FilDAcommunity

4) Twitter: https://twitter.com/fildafinance

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.