GLIF Docs
V2 English
V2 English
  • 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
Powered by GitBook
On this page
  • Use the calculator
  • Debt-to-liquidation (DTL) ratio
  • Borrow limit: DTL > 75%
  1. For Storage Providers

Borrowing Limits & DTL

How much you can borrow from GLIF is decided by the debt-to-liquidation ratio

PreviousSP Liquidation ValuesNextUses of Borrowed FIL

Last updated 10 months ago

Use the calculator

If you’re interested in learning about how much a specific Miner ID can borrow, you can visit the GLIF borrowing calculator here. (coming soon)

Debt-to-liquidation (DTL) ratio

Borrowing limits on GLIF are determined by the "debt-to-liquidation" value ratio, or "DTL" for short.

Computing DTL requires two other metrics:

  1. Debt - the SP's outstanding principal plus any unpaid interest

  2. Liquidation value - the SP's "collateral value" (defined )

DTL=Debt/LiquidationValueDTL = Debt / LiquidationValueDTL=Debt/LiquidationValue
Debt=Principal+InterestDebt = Principal + InterestDebt=Principal+Interest
LiquidationValue=MinerBalance−MinerMaxTerminationPenaltyLiquidationValue = MinerBalance - MinerMaxTerminationPenaltyLiquidationValue=MinerBalance−MinerMaxTerminationPenalty

DTL < 100% means that, in a liquidation scenario, GLIF will recover all principal and interest owed to GLIF.

Borrow limit: DTL > 75%

  • To borrow from GLIF, the maximum DTL ratio is 75% which means an SP's debt cannot exceed 75% of its liquidation value. If the Storage Provider’s DTL exceeds 75%, all borrowing and withdrawing of rewards is disabled until the Storage Provider returns to <75% DTL.

If a Storage Provider's DTL ratio goes above 75%, it is not immediately in danger of liquidation. If a Storage Provider's DTL goes above 85%, it is in danger of liquidation. It is highly recommended to contact the GLIF team immediately if any SP's DTL ratio exceeds 75%.

here