GLIF Docs
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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
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  • FIL Liquidity Providers
  • Storage Providers
  1. Introduction

Protocol Users

GLIF bridges the gap between FIL holders and Storage Providers

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Last updated 9 months ago

FIL Liquidity Providers

Liquidity Providers (LPs) are FIL token holders who deposit FIL into GLIF to earn rewards. LPs receive tokens when they deposit FIL and hold iFIL tokens to earn rewards. Rewards for LPs come from the fees paid by Storage Providers who borrow FIL from GLIF. The value of iFIL increases over time as GLIF accrues more fees from Storage Providers.

Learn more about becoming a GLIF Liquidity Provider in the , or see our Liquidity Provider FAQs.

Become a GLIF LP immediately by depositing FIL into GLIF on our .

Storage Providers

Storage Providers (SPs) are individuals or organizations operating one or more (“Miner”). SPs offer decentralized data storage services and use GLIF to borrow FIL for storage mining, which helps them grow and simultaneously helps secure the overall Filecoin network.

As an SP, you can borrow FIL from a large group of LPs without handing over private keys, signing legal documents, or undergoing KYC. Borrowed FIL can be utilized for storage mining or withdrawn out of the system for trading or selling on an exchange. SP can borrow up to 3x leverage on their collateral. You can read more about working with GLIF as a Storage Provider , or see our Storage Provider FAQs.

To get started borrowing FIL from GLIF immediately, create an Agent on our .

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