๐ธBenefits for FIL holders
Value proposition
Efficient Staking: With Collectif DAO, stake your capital with the most sophisticated Storage Providers in the Filecoin network, ensuring optimal operations and geographical diversity.
Maximized Efficiency:: With Collectif DAO, Storage Providers can earn up to 40% more mining rewards, enabling stakers to significantly boost their yield.
Slashing Protection: We require collateral coverage for slashing risks and preserving Filecoin's stability and security.
Benefit for FIL holders
Why should users stake their FIL with the Collective Liquid Staking protocol?
Liquid staking is integral to the Filecoin DeFi ecosystem. The consensus layer of the Filecoin network hinges on both storage capacity and pledge growth, making the network operate akin to a hybrid of proof-of-work (PoW) and proof-of-stake (PoS) systems.
Stakers contribute FIL capital to the liquid staking protocol, aiding storage providers in expanding their storage capacity without pledge requirement constraints. This not only helps secure the network but also fosters participation in Filecoin's consensus decentralization. As storage providers partake in Filecoin consensus, they allocate part of their total rewards to stakers, making clFIL a native yield-bearing asset in the Filecoin network.
For the decentralized, secure growth of Filecoin, the protocol must allocate as much FIL as possible to a broad spectrum of storage providers.
Compared to other products, staking FIL on the liquid staking protocol grants users clFIL in return, enabling them to utilize their liquidity within the wider DeFi ecosystem. As clFIL adoption and use grow, more Filecoin ecosystem DeFi projects are likely to support the clFIL token.
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