Filda is a groundbreaking project, recognized as the world's first Heco-based cross-chain lending DeFi initiative. Launched on January 5, 2021, Filda took the crypto world by storm, introducing a range of advanced features, including the Genesis Mining Fair, the world's first HUSD, HBTC, HT, ELA -HECO, USDT- HECO, HDOT, HLTC, HBCH, ETH, HPT, HBSV, HXTZ, and 13 other asset loan functions. Impressively, it also holds the honor of being Heco's first open platform for publishing a spectrum of APY data and offering two-way real-time loan stats.
Filda's Impact on the Crypto Industry
Since its inception, Filda's influence on the industry has consistently increased. As of now, the total value of deposits and loans on the Filda platform has reached a staggering peak of over 370 million U.S. dollars. In addition, the Filda LP (Liquidity Pool) has exceeded 10 million U.S. dollars, thereby ranking among the top three Heco projects.
The Ethos of the Filda Project
The Filda project differentiates itself from other initiatives through its uncompromising commitment to transparency and inclusivity. There has been no fundraising or pre-mining associated with the project. The primary objective of Filda is to establish itself as Heco's user-friendly DeFi loan platform of choice, and it is indeed well on its way to achieving this goal.
Record-Breaking Peak Deposits and Loans
Perhaps one of the most impressive achievements of the Filda project lies in its peak deposits and loans, which have surpassed an impressive 2.1 billion U.S. dollars. This milestone not only underscores the project's immense growth but also highlights its potential for further expansion in the future.
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