🚀 Glif, a startup focused on Filecoin's DeFi landscape, has raised $4.5 million in seed funding from Multicoin Capital and other VCs. The funds will help expand Glif's "liquid leasing" setup, centered on its yield-bearing liquid staking token iFIL. Glif aims to increase deposits tenfold, making it Filecoin's largest DeFi protocol. An upcoming points program will reward users based on the value of their iFIL tokens, with a potential token airdrop in the works.
Glif's liquid leasing allows FIL holders to earn yield by loaning their tokens to storage providers, who in turn pay interest to the pool. The startup's goal is to deploy 100 million FIL to storage providers within a few years. What are your thoughts on Glif's growth strategy? 💭
Glif's liquid leasing allows FIL holders to earn yield by loaning their tokens to storage providers, who in turn pay interest to the pool. The startup's goal is to deploy 100 million FIL to storage providers within a few years. What are your thoughts on Glif's growth strategy? 💭