Exit - Withdraw FIL
Last updated
Last updated
iFIL holders can withdraw FIL from GLIF at any time, provided that the pool has sufficient liquidity to process the withdrawal.
The pool maintains a 10% asset reserve specifically for facilitating iFIL exit. The 10% asset reserve is not available for Storage Providers (SP) to borrow FIL from. If GLIF’s liquidity dips under the 10% reserve requirement, SP must wait to borrow FIL until the reserve is refilled in full through deposits and payments made by SP.