Round 1 / FILLiquid

FILLiquid is a decentralized Filecoin-based borrowing and lending platform. We contribute to the Filecoin ecosystem, allowing $FIL holders to earn a yield on their holdings through a secure, decentralized, and audited lending infrastructure. At the same time, storage providers can come and use the $FIL previously pledged in their nodes as collateral to secure $FIL loans for the sole purpose of expanding their storage capacity.

The ecosystem is designed to connect $FIL holders to storage providers, helping the latter experience reduced financial burdens for providing storage on the Filecoin network.

Currently, storage providers are obligated to pledge $FIL to the network every time they expand storage or onboard new clients. Our contribution ensures that storage providers — one of the most integral components of the Filecoin ecosystem — may obtain $FIL without digging into their pockets for liquid assets by binding their miner nodes to the FILLiquid smart contract to serve as collateral.

While the loan is outstanding, all future $FIL mining rewards are pledged to the smart contract, and the $FIL in the node is also pledged, providing security for lenders. In the case of a default, the $FIL pledged in the miner node can replenish the defaulted $FIL in the liquidity pool, keeping lenders safe.

The following are the contributions by FILLiquid to build the Filecoin Ecosystem.

Community Discussion Actively arranged several X-Space Discussions, primarily focusing on FVM and Filecoin. The conversation covered hotspots in the ecosystem and technology, like FVM, which successfully brought together OG, experts, and active teams to promote Filecoin's mission.

https://medium.com/@filfox.io/filfox-filliquid-ama-bedd503e374c https://x.com/filfox_info/status/1717538981309710746?s=46 https://twitter.com/FILLiquid/status/1760455817893929341 https://www.binance.com/en/live/video?roomId=2182213 https://twitter.com/FILLiquid/status/1762462918698729817

Articles We actively post articles on the newest developments and news on Filecoin on Medium. (We're top-ranked in the Medium search "Filecoin" Keyword.) These posts have drawn much attention and readers and greatly aided in the expansion of Filecoin.

https://medium.com/@FILLiquid/testnet-phase-2-launch-more-fig-airdrops-for-everybody-involved-9e2837d36a4d https://medium.com/@FILLiquid/phase-2-of-testnet-launches-tomorrow-heres-what-you-need-to-know-283e99445b03 https://medium.com/@FILLiquid/phase-2-launch-coming-next-week-get-ready-for-more-fig-airdrops-before-mainnet-launch-9805053bd815 https://medium.com/@FILLiquid/five-important-reasons-why-ai-will-start-utilizing-filecoin-in-2024-3356ab0ed50e https://medium.com/@FILLiquid/testnet-launch-first-opportunity-to-try-our-defi-products-6aa7f33e07cb https://medium.com/coinmonks/is-filecoin-set-for-mass-adoption-in-2024-with-the-rise-of-ai-ac26d9718c92 https://medium.com/@FILLiquid/testnet-tutorial-part-1-getting-your-testnet-wallet-ready-and-loaded-7c92c1d7e27a https://medium.com/@FILLiquid/testnet-challenge-begins-earn-airdrop-rewards-for-participation-in-testnet-and-bug-bounty-125ca265ce57 https://medium.com/@FILLiquid/overview-67182c49c775 https://medium.com/@FILLiquid/a-sneak-peek-at-our-defi-testnet-ready-to-roll-this-week-e46bfcacdd34 https://medium.com/coinmonks/legendary-investor-arthur-hayes-is-incredibly-positive-about-filecoins-future-as-ai-rises-5fc8a8f23e56 https://medium.com/@FILLiquid/introducing-phase-2-a-final-chance-for-fig-airdrops-before-mainnet-activation-2c97ddeec0ef

PR articles https://captainaltcoin.com/as-fil-surges-this-filecoin-based-lending-platform-is-gaining-traction-with-ongoing-incentivized-testnet-airdrop-3-days-to-go/

https://captainaltcoin.com/filliquid-airdrop-testnet-enters-final-24-hours-last-chance-for-free-fig-airdrop-in-filecoin-based-lending-platform/

https://captainaltcoin.com/introducing-revenue-sharing-bringing-filliquids-fil-lending-platform-into-the-modern-defi-era/

https://captainaltcoin.com/filliquid-gears-up-for-final-testnet-phase-providing-another-chance-to-participate-in-historic-fig-airdrop/

https://captainaltcoin.com/filliquid-attends-fil-hong-kong-2024-and-unveils-testnet-phase-2-airdrop-with-new-defi-features-in-fil-lending-platform/

https://captainaltcoin.com/filliquid-launches-second-testnet-phase-providing-another-chance-for-a-free-fig-airdrop/

https://captainaltcoin.com/filecoin-surges-99-on-ai-narrative-while-filliquid-announces-final-week-of-free-incentivized-testnet-airdrop/

https://captainaltcoin.com/ai-coins-fet-agix-and-fil-see-spotlight-as-traders-rush-to-filliquid-testnet-final-days-for-free-airdrop/

https://coincodex.com/article/38017/filliquid-testnet-begins-today-and-you-can-earn-airdrop-rewards-for-helping-filecoin-grow/

Community Actively supported the growth of Filecoin in Web 3.0 by growing the Filliquid community in Discord and Telegram:

https://linktr.ee/FILLiquid