FIL Mining Power NFT Collateral Loan; a benevolent offer to begin your liquidity mining with a loan. Pool

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FIL Mining Power NFT Collateral Loan; a benevolent offer to begin your liquidity mining with a loan. Pool

FIL Mining Power NFT Collateral Loan; a benevolent offer to begin your liquidity mining with a loan. Pool

Basically, $fil (filecoin) is the native token of the filecoin Blockchain and so on the DMEX platform. it's also traded on the DMEX.

filecoin is a peer-to-peer network where users could store their files safely with little fees. filecoin enables a user to buy or sell storage on the open market which is completely decentralized and self-regulated. Anyone who wants to store their files or get paid for storing other users’ files can join Filecoin. Available storage, and the price of that storage, is not controlled by any single company.

with the help of mining power NFT Collateral loan on the DMEX platform, users can simply pledge their FIL mining power NFT to secure a loan. The committed FIL mining power NFT will still generate mining revenue for the users, this design improved the liquidity of FIL mining power assets.

All you have to do is Enter the DMEX Dapp, navigate to 'HFIL loan'. Prepare your FIL mining power NFT and enough DMC. Click 'Borrow' to continue the loan process. Enter the amount of FIL you want to borrow within the Borrow limit. Click 'Borrow' to complete the loan process.

With the FIL you borrow, you can further purchase FIL mining power NFT and pledge them to borrow FIL.

Once the collateral loan is successful, you can check loan and repayment details on the 'My loan' page.

You have the option to pay back your FIL mining power NFT loan in advance to promptly unlock all pledged collateral.

https://preview.redd.it/k1ago3tqzki81.jpg?width=512&format=pjpg&auto=webp&s=13ac5615164a1bdbdd041215e1d4ca6966cd9610

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