Filet Finance Review

Filet Finance, launched in May 2021, is a decentralized platform designed for Filecoin (FIL) staking, providing users with stable and competitive returns. Operating on Filecoin’s native network as well as Binance Smart Chain (BSC) and HECO, Filet helps users earn by tokenizing Filecoin mining power. The platform is backed by one of North America’s largest Filecoin storage providers and has passed security audits by Certik. Staking with Filet allows users to receive 25% of their mining rewards upfront, while the remaining 75% is distributed over 180 days, making it an attractive option for those looking to grow their FIL holdings in a transparent and secure environment.

$8 749 456

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Filet Finance offers

FIL

14%

Status

Available

Flexible

$2 334 389

Filecoin

Coin

Action

FIL

14%

Flexible

$2 334 389

Filecoin

Crypto earn alerts on Filet Finance

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Filet Finance, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Filet Finance.

Earning crypto on Filet Finance

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Filet Finance. Check the table above for all the details.

Current TVL of the Filet Finance protocol

The Filet Finance protocol's Total Value Locked (TVL) is currently $8 749 456. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Filet Finance is holding.

Filet Finance protocol type

Filet Finance enables users to stake assets without locking them up entirely, offering a token that reflects their staked balance. This token can be used in DeFi activities like trading or lending, allowing users to earn staking rewards while keeping their assets flexible. This setup maximizes both earning potential and liquidity.

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