🟢SFT Protocol Weekly Report | August 14th— August 20th

⭐Dashboard Highlights

1. TVL : $4,465,782.65
2. Total FIL staked : 684,524.20 FIL
3. Average APR : 24.6%; Average APY : 21.41%
4. FIL pool total supply : 82,347.55 FIL
5. FIL total lending amount : 69,328.4 FIL

⭐Highlights of the Week:

1. Zealy Campaign — Experience SFT Protocol V2 & Split 20,000 $rSPD!
2. Users can now effortlessly engage with our DApp in FoxWallet
3. SFT Ambassador Promotion Program with daily FIL airdrop.

⭐Product Update:

1. Improved Farm Earnings Calculation: Get a clearer picture of your past day’s earnings.
2. Enhanced Farm Page on Mobile DApp: We’ve enlarged the clickable area for order details
3. Lending Pool Deposit Enhancement: When the utilization rate of the lending pool is below 80% and there are users awaiting redemptions in the withdrawal pool, the system will now automatically borrow funds and fulfill redemptions for those users.
4. Optimized Pool APY Calculation: We’ve refined the calculation and display of Annual Percentage Yield (APY) for our pool deposits.

⭐Activities & Campaigns

1. Zealy Campaign — Experience SFT Protocol V2 & Split 20,000 $rSPD!
2. AMA with Filfox.info in twitter space.
3. SFT Ambassador Promotion Program.
4. SFT Protocol Chinese Community AMA: SFT Ambassador Promotion Program — How to Participate in Daily $FIL Airdrops.

👋 About SFT protocol

SFT Protocol is a Web 3 infrastructure protocol that accelerates Web 3 development through LSD, AI data storage, privacy computing, optimization algorithms, and collaboration with global research institutions. SFT offers LSD products that focus on storage and computing blockchains, including Filecoin, while building Web3 infrastructure ecosystems.

🏡Official Links

Website | Twitter | Discord | Telegram | Gitbook | YouTube | Linktree