Fleta Connect’s TVL Exceeds $20M

Published on: 12.07.2021

The Platform for a Sustainable DApp Ecosystem, Fleta Chain graciously announced that the Fleta Connect’s Total Value Locked reaches $20 million and is still rising, which shows worldwide DeFi users’ interest in our service.

Fleta Connect is a Binance Smart Chain-based DeFi service, and it currently offers two DeFi products: CherryPick and Basket. After getting LP tokens from other DeFi services, users can stake the LP tokens on CherryPick. They can also stake tokens they have on Basket. Users can get Cherry, Fleta Connect’s governance token, as a reward for using the staking services of Fleta Connect.

Fleta will also provide more DeFi products and expand Fleta Connect’s ecosystem. Fleta Connect successfully completed the first phase by being audited by CertiK.

Fleta Chain are now in phase 2, preparing for Cherry Vault, an auto-compounding service coming up in July. The launch of Fleta Converter, a bridge system connecting chains, is scheduled for August. Polygon network will be added to Fleta Connect as Fleta Converter is opened, and more networks will be connected to Fleta Connect, making it one of the best multi-chain DeFi services.

ABOUT Fleta Blockchain
Fleta is a blockchain platform that aims to offer infrastructure that can be applied to real-world business models.

RESOURCES
Website | Medium 

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