RooLend.Finance Update for August: “Potential Unicorn” of HSC

Here’s a summary of all that’s happened at RooLend

RooLend.Finance
1 min readSep 1, 2021

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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 decentralized wallet BullWallet, and the two parties will carry out in-depth cooperation in different aspects;
  • RooLend has been selected as the “Potential Unicorn” of the Hoo Smart Chain’s “Unicorn Program” and received 1 million liquidity support;
  • Achieved the second reduction of ROO. The number of ROO generated by each block has been decreased from 1.82 to 1.6562.

🚀 Future Plan

  • Develop vault smart contract;
  • Discuss multi-chain expansion plan and collect community opinions;
  • Support more assets and optimize product experience.

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