FILLiquid is a fully open-sourced, decentralized, algorithm-based lending platform that will be implemented on the Filecoin Virtual Machine (FVM) as a liquidity pool. It facilitates a market that enables FIL token holders to stake their FIL and earn passive interest income, while also providing SPs with the ability to borrow FIL for storage provisioning. During the 2023 ETH Global FVM Space Warp hackathon, FILLiquidity stood out among numerous DeFi projects and was awarded the DeFi Rockets recognition.
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