On November 6, the FilDA team stated that in response to several recent hacking incidents, the FilDA loan agreement uses time locks and multi-signatures to ensure the security of the agreement, and the administrator does not have the right to withdraw funds.
At the same time, all contracts of the FilDA agreement are now open source verified and audited. When the agreement gradually matures, the multi-signature authority will be handed over to the DAO to govern.
FilDA is a lending project based on the HECO network. It aims to provide users with high-quality lending products and services.