GLIF Docs
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  • Introduction
    • Quick Guide
    • GLIF Overview
    • Protocol Users
  • For Liquidity Providers
    • Benefits for token holders
    • GLIF Reward Mechanism - iFIL
    • Exit - Withdraw FIL
    • Asset Security
    • Risks
  • For Storage Providers
    • Benefits for Storage Providers
    • SP Liquidation Values
    • Borrowing Limits & DTL
    • Uses of Borrowed FIL
    • Liquidations
    • Borrowing Cost
    • Manage Miner Actors with Agents
    • Guarantor Model
  • Developer Resources
    • GLIF SDK
    • GLIF CLI
    • Deployed Contracts
  • TROUBLESHOOTING
    • FAQ
      • FAQ for Liquidity Providers
        • About GLIF
        • Deposit FIL
        • Withdraw FIL
        • Risk
        • Wallet Connection
        • GLIF Points
        • Miscellaneous
      • FAQ for Storage Providers
        • Borrow and Withdraw FIL
        • Key Financial Ratio
        • Payment
        • Liquidation
        • Agents
        • Transaction Issue
    • TUTORIALS
      • For Token Holders
        • Wallets
          • How to find your corresponding 0x/f410 wallet address
          • How to obtain a Ledger wallet as the intermediary wallet
          • How to obtain a burner wallet as the intermediary wallet
          • How to obtain a FilSnap wallet as the intermediary wallet
          • How to connect your wallet to Filecoin Mainnet
          • How to transfer FIL from a 0x address to an f1 address
          • How to create a multisig wallet on GLIF
        • Using the Pool
          • Deposit FIL into GLIF to earn rewards
          • How to deposit Filecoin from a hardware wallet with GLIF
          • How to deposit FIL to GLIF using multisig wallet
          • Withdraw FIL from GLIF
          • How to withdraw FIL from GLIF using a multisig wallet
        • Transfer FIL to/from exchanges
          • Transfer FIL between exchange and GLIF
          • Binance
            • Transfer FIL from Binance to GLIF
            • Transfer FIL from GLIF to Binance
          • MEXC
            • Transfer FIL from MEXC to GLIF
            • Transfer FIL from GLIF to MEXC
      • For Storage Providers
        • GLIF Agent Website Tutorial Part I— Preparation Setup
        • GLIF Agent Website Tutorial Part II — Create your Agent
        • GLIF Agent Website Tutorial Part III — Add Your Miner
        • How to withdraw FIL from the agent to an exchange at GLIF
      • How to Claim $GLF Airdrop
    • Glossary
    • Contact Us
  • Governance
    • Governance
    • Delegation
    • Proposals (GIPs)
    • Voting Process
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  • Borrow FIL for storage mining by reusing pledged FIL and vesting rewards
  • Get a cash advance on vesting block rewards
  • Retain ownership of assets
  • No due dates or early repayment fees
  • Earn GLIF Points
  1. For Storage Providers

Benefits for Storage Providers

Maximize your Filecoin mining efficiency with GLIF

PreviousRisksNextSP Liquidation Values

Last updated 9 months ago

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.

Earn GLIF Points

As SP’s pay interest, they earn !

GLIF points