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

Here’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 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.