FilDA is a lending and borrowing project basing on smart contract to realize a cross-chain money market . It has been launched on HECO ( the Huobi ECO Chain) and will be deployed on Ethereum and other public chains.
Unlike other lending and borrowing project on the Ethereum chain, we choose HECO as the base chain. On the one hand, we introduced the ecological resources and assets on Huobi. On the other hand, we can provide our service more user-friendly because of the user-friendliness on HECO and the extreme low gas fees.
FiDA is the governance token of Filda Protocol rather than a token with pure investment value
The project team has 5 percent of the token share which will be released in blocks over 4 years. The team didn't obtain any amount of token in the first week after FilDA was launched. The token for the team will be generated from the second week after FilDA is live.