Home Finance Crypto news Liquid Staking Protocol Glif Raises $4.5M Seed Funding, Suggests Future Airdrop

Liquid Staking Protocol Glif Raises $4.5M Seed Funding, Suggests Future Airdrop

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Liquid Staking Protocol Glif Raises $4.5M Seed Funding, Suggests Future Airdrop

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What Glif has done, according to Schwartz, is create a bridge between regular FIL holders who want yield and the storage providers who generate it. The holders loan their FIL into a pool that the providers borrow from, boosting their collateral and yield. Storage providers pay interest to the pool once a week.

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