How to deposit FIL to GLIF

Managing your FIL on GLIF is easy. This guide will show you how to quickly deposit FIL, so you can start earning rewards with GLIF.

When you deposit FIL into GLIF, you will receive a proportional amount of iFIL tokens in return. Check here for details about the GLIF reward mechanism.

Step 1: Prepare a FIL compatible wallet

To deposit FIL to GLIF, you will need a wallet that supports FIL. GLIF is compatible with many wallets, but we recommend using MetaMask or Ledger with the Filecoin app.

Make sure to do your own research (DYOR) to select the wallet that fits your needs best. You can find a list of FIL-compatible wallets here.

No matter which wallet you use, always make sure to back up your secret recovery phrase, store it securely, and never share it with anyone.

Step 2: Go to GLIF and connect your wallet

Visit GLIF website and click on ‘Connect Wallet’ in the top right corner.

You will be prompted to choose a wallet to connect. Select the wallet you have already set up.

Step 3: Add the Filecoin network to your wallet

After choosing your wallet (e.g. MetaMask) from the list of wallets, a prompt will appear in your wallet asking you to add the Filecoin network.

This tutorial uses MetaMask wallet as an example. Check out our Ledger tutorial here.

Click ‘Approve’, then ‘Switch Network’. This step connects your MetaMask wallet to the Filecoin network. You can switch between networks anytime from within your wallet.

Step 4: Deposit your Filecoin with GLIF

After connect your wallet in GLIF website, your Filecoin balance will appear in the GLIF interface.
Click "Deposit Filecoin" in the main page, or go to the "Pool" page.

Enter the amount you wish to deposit, and click ‘Deposit’.

Then hit "Send".

Please make sure that you leave enough FIL in the wallet to cover gas fees.

Click "Confirm" in your wallet.

Step 5: Check your iFIL balance

After depositing FIL, you will receive iFIL within a minute or two. iFIL represents your initial deposit plus any earned rewards.

For more information on iFIL, check out our docs.

For a more detailed view of your position, click on "Wallet" in the GLIF navigation, and you will be able to see the FIL and iFIL associated with your wallet address in the "Token" section.

Step 6: Check your iFIL in your MetaMask

If you want to see your iFIL in MetaMask, you can add the token address to your wallet easily. In "Token" section, find the "..." sign next to iFIL tokens, and click on "Add iFIL to MetaMask".

Click "Add token" in MetaMask.

When you are ready to withdraw your deposit, you will need to return your iFIL to GLIF to receive your FIL back. For more details about the withdrawal process, check here.

Finally, you have successfully deposited FIL to GLIF!