Benefits for Storage Providers

Borrow FIL for storage mining by reusing pledged FIL and vesting rewards

By reusing pledge collateral and vesting rewards already locked in existing miners, Storage Providers (SPs) can efficiently scale their operations without needing to purchase more FIL.

Get a cash advance on vesting block rewards

SPs can withdraw FIL to fund operations and investments without waiting for rewards to fully vest.

Retain ownership of assets

Utilizing GLIF, SPs retain ownership of their miners while borrowing FIL from GLIF. NO giving away private keys or wallets to GLIF.

No due dates or early repayment fees

SPs can borrow FIL from GLIF for as long as necessary - whenever SPs are done with their borrowed FIL, they can pay it back anytime to GLIF with no due dates or early repayment fees.

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