GLIF Points

When are GLIF points being distributed?

For GLIF points, each Liquidity Provider’s time-weighted average will be recomputed every two weeks, and points will be distributed in two-week intervals on a pro-rata basis.

Storage Providers earn points every two weeks based on the amount of fees they pay to the in that two week interval.

Will withdrawal affect my GLIF points?

Yes. For example, if you held 100 iFIL for an entire 2 week phase, your time-weighted average is equivalent to your iFIL holdings in that phase. If you only held iFIL for half the phase, your time-weighted average would be half your holdings in the phase.

For detailed calculations, please refer to the blog.

Is there a minimum deposit required to earn points? I have only a few points despite depositing a certain amount of FIL for months.

There is no minimum deposit amount required to earn points. The LP Points are influenced by your Time-Weighted Average, Total Time-Weighted Average, and Total LP Points. For a detailed calculation and information on the total points per distribution period, please refer to our detailed blog post here.