Filecoin’s Liquid Staker Glif Raises $4.5M, Hints at Token Airdrop

What Glif has done, according to Schwartz, is create a bridge between regular FIL holders who want yield and the storage providers who generate it. The holders loan their FIL into a pool that the providers borrow from, boosting their collateral and yield. Storage providers pay interest to the pool once a week.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 17,036
Markets: 1,299
Marketcap: $ 2.81 T
24h Vol: $ 84.74 B
BTC Dominance: 60.88%