Filecoin Knowledge Popularization: Wallets and Lending Platforms

Filecoin Knowledge Popularization: Wallets and Lending Platforms
01
Filecoin Wallet

In cryptocurrency, everyone knows the importance of wallets. If you don’t understand, please click here. Now is the time for Filecoin mining. What are the wallets for storing Filecoin?

Filecoin Wallet

1. The Filecoin hardware wallet launched by Create React App, which was officially recommended by Filecoin.

2. MathWallet:

https://mathwallet.org/zh-cn/

3. imToken Wallet:

https://token.im/

4. TJ Wallet:

http://www.tjwallet.net/home

5. Feihu Wallet:

https://wallet.filfox.info/en

In addition to the wallets introduced above, there are many Filecoin wallets that have been developed or are being developed, such as TRUSR, Ballet, etc.

02
Filecoin Lending Platform

Filecoin is different from other mining platforms. There is a pre-mortgage in the Filecoin economic model. Miners must submit mortgage coins before they can carry out mining activities. However, after Filecoin is launched, there is a dilemma of insufficient mortgage coins. For this reason, the Filecoin lending platform came into being:

Filecoin Lending Platform

1. CoinList, as the main token issuance platform of Filecoin, has decided to launch Filecoin lending service. It is reported that lending FIL on CoinList can obtain an annualized return of 12%. The initial loan period will be opened on October 20 and will end at 00:00 on October 24, Beijing time. The minimum loan amount: 250 FIL, loan term: 3 months. At the end of the 3-month FIL loan period, the principal and interest denominated in FIL will be received.

2. According to the official website announcement, Gate.io has now opened leveraged lending and financial management lending services for FIL (Filecoin), supporting triple leverage trading of FIL and lending of FIL for interest. You can go to the official website homepage - click "Financial Management" - enter "Leveraged Borrowing" or "Coin-to-Coin Financial Management".

3. Filecoin and Ethereum's product: DeFi Bridge, which converts FIL into ERC-20 tokens on Ethereum, and uses relatively mature DeFi products on Ethereum to open lending services. Users can pledge other digital assets to obtain FIL or lend FIL to obtain interest.

4. Huobi Exchange has also launched the HFIL ERC-20 token, which represents FIL at a 1:1 ratio, making it convenient for users to use HFIL on Ethereum to participate in DeFi lending, as well as third-party lending services.

5. Juan said that he has cooperated with TBA to provide small loans to miners. These loans will not be used for profit and are small. Miners will not be helped to meet all the collateral requirements (oversold machines). Miners will only be allowed to borrow for collateral, and there will be a daily limit on the amount of loans. However, the specific interest and amount data have not been disclosed.

Filecoin is an incentive layer based on the IPFS distributed storage protocol. It not only has the value of a decentralized cryptocurrency, but also faces a trillion-yuan storage market. Whether it is 5G, blockchain, or the Internet of Things, it will all be based on data, and Filecoin can provide data with low-cost, more secure, and faster storage services. Filecoin's journey is to the global storage market.

<<:  Vitalik: The Ethereum Foundation’s Quadratic Fundraising Revolution

>>:  Ten things to know after the launch of Filecoin mainnet

Recommend

Is it good for people without destiny line?

There are many palm lines on our palms, and many ...

How to understand your love outlook based on your marriage line

There is a short horizontal line at the base of t...

How to see personality and destiny from eyes

People whose eyes are of different sizes are usua...

Bitcoin slays the dragon, blockchain competes with the

The supreme master of the martial arts world, the...

Palmistry: A little too much enthusiasm can ruin your career

Palmistry: A little too much enthusiasm can ruin ...

The character and destiny of girls with double eyelids

Generally speaking, girls with double eyelids are...

What does a mole on the foot mean? What does a mole on the foot mean?

1. Moles on the instep Generally speaking, having...

How to read nose in physiognomy

The nose, located in the center of the face, is a...

Palmistry tells you who is likely to get rich

There is an old saying that goes, "People die...

These people will regard their loved ones as more important than themselves.

Some people say that they no longer believe in lo...

UBS blockchain expert: Blockchain + cross-border payment = the nemesis of banks

Technological innovations, challenging economic c...

Learn about the ecosystem of Ethereum sister chain xDai in one article

In our blockchain family, Ethereum is a well-resp...

Coinbase co-founder: Appcoin and the dawn of decentralized business models

Over the past few years, venture capital firms an...

What is the special meaning of the half-moon mark on the nails

Fingernails are the place where the yang meridian...