How to Join the GLIF+ LP Program

Follow the steps below to start receiving FIL rewards through your GLIF+ LP Card.

1. Mint a Card

Liquidity Providers can mint a GLIF+ LP Card directly on the GLIF website here. A step-by-step tutorial will be available here (coming soon).

• Mint cost: 2,000 $GLF
• Once minted, the Card becomes soulbound to your wallet and is non-transferable.

2. Activate Your Card

Staking Requirement

To activate a GLIF+ LP Card and receive Capsules, the following staking conditions must be met:

• A minimum of 1 iFIL staked.
• A minimum of 1 $GLF per iFIL staked.

There are no penalties or fees for adding additional tokens at any time.

How iFIL and $GLF Affect Rewards

The amount and value of FIL inside each Capsule are determined by two factors:

1. More iFIL Staked → More FIL appears in each Capsule

This FIL is distributed pro rata based on iFIL staked across all active LP Cards. More iFIL staked results in a larger share of the FIL allocated during the week.

2. More $GLF Staked → Lower cost to unlock FIL Capsules

The amount of $GLF tokens determines the amount of $GLF required to unlock the FIL in your Capsule, which also means the premium over market price when redeeming for FIL

3. Receive FIL Capsules

• Once your Card is active, FIL Capsules will be issued to your wallet automatically. FIL inside each Capsule can be unlocked using $GLF tokens from your staked balance. As long as your Card remains active, Capsules will continue to be issued on schedule. Read more about how FIL Capsules work here.
  • Frequency: Every week
  • Validity Duration: Each Capsule is valid for 30 days

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