Sep 1, 2021RooLend.Finance Update for August: “Potential Unicorn” of HSCHere’s a summary of all that’s happened at RooLend — At this very beginning of September, we are happy to share with you the major updates of RooLend in August. Believe us, more surprises are on the way! 💰 Product Optimisation Newly supported DOGE and ROO tokens； Adjusted interest rates and mining output distributions of PUD and ROO. 🦘 Marketing & Operation Reached a strategic partnership with…Defi1 min readDefi1 min read
Aug 23, 2021Announcement on Adjusting the Lending Rate of ROOIn order to ensure the liquidity and utilization of funds, the following adjustments will be made to the ROO pool: 1. Adjust the calculation method of fund utilization rate and borrowing interest rate: 1) When the fund utilization rate is within 0–50%, the borrowing interest rate varies linearly from 0%-20%; …Defi1 min readDefi1 min read
Aug 22, 2021Announcement on Adding ROO and Adjusting Lending Rate of PUDDear Kangaroos, In order to provide you with more options, RooLend will support ROO on 22 August, 2021 (SGT). The mining weight of ROO pool is 1.5%. The mining output ratio of deposits and loans of the ROO pool is 60%: 40%, that is, borrowers can get more ROO mining…1 min read1 min read
Aug 6, 2021RooLend.Finance Update: Upgraded front end & ROO staking poolHere’s a summary of all that’s happened at RooLend — This has been a quite busy month of the RooLend team. We have done a lot! We hope you like the brand new appearance and our newly launched ROO staking pool . Now we are very excited to share other important updates with you below. 💰 Product Optimisation Upgraded the website’s front end…Roolend2 min readRoolend2 min read
Aug 5, 2021APY 30,000+%! Tutorial for ROO Staking to help you earn super high yieldsAfter the ROO single token staking pool is online, we have received warm support from the community. Thank you every kangaroo! 🦘🦘 On the first day when ROO staking pool was launched, it quickly attracted the attention of the community and the response was enthusiastic. According to the website’s real-time…Defi3 min readDefi3 min read
Aug 2, 2021Announcement on the Opening of RooLend’s Stake PoolDear community users, The platform will open the ROO staking pool during 21:00–22:00 on August 2nd, Singapore time (the exact time needs to be determined by the set block height), and users who stake ROO can get ROO incentives. In the first 5 days of staking, the pool will allocate…Cryptocurrency1 min readCryptocurrency1 min read
Jul 30, 2021Announcement On The Launch of RooLend’s Stronk PoolThe platform will soon open a stronk pool of ROO, and users who stake ROO can obtain ROO incentives. The specific rules of the stronk pool are as follows: 1. What is stronk pool This is a time-limited pool that allows users to deposit ROO tokens. In return, you will…2 min read2 min read
Jul 30, 2021Announcement on Second Repurchase of ROO and Liquidity AdditionOn July 30, 2021, the RooLend.Finance implemented the second repurchase operation. RooLend repurchased 32,617 ROOs from the secondary market, worth 500 USDT, and the repurchased ROOs have been used to add liquidity on PuddingSwap, with a total fee of 1,012 USDT. According to the white paper, the platform’s fee will…1 min read1 min read
Jul 28, 2021Announcement on adjusting the lending interest rate of PUDDear Kangaroos, Due to the high APY of PUD in the Hoo Smart Chain ecosystem, the borrowing rate of PUD on the RooLend platform has been at 100% for a long time, resulting in PUD deposit users unable to withdraw their assets. In order to ensure the liquidity of deposit…Defi1 min readDefi1 min read
Jul 20, 2021Announcement on First Repurchase of ROO and Liquidity AdditionOn July 20, 2021, the RooLend.Finance implemented the first repurchase operation. RooLend repurchased 29,600 ROOs from the secondary market, worth 500 USDT, and the repurchased ROOs have been used to add liquidity on PuddingSwap, with a total fee of 1,021 USDT. According to the white paper, the platform’s fee will…Defi1 min readDefi1 min read
