Ask about GLIF
Logo of GLIFGLIF(GLF)
Total Value Locked$24.51m

TVL by Chain

Filecoin$24.03m

Base$484,007

Key Metrics

Fees (Annualized)$1.47m
Fees 30d$107,259

Filecoin$85,806

Base$21,453

Fees 7d$18,198

Filecoin$14,910

Base$3,288

Fees 24h$3,471

Filecoin$2,671

Base$800

Cumulative Fees$173,191

Filecoin$137,244

Base$35,947

Revenue (Annualized)$147,477
Revenue 30d$10,714

Filecoin$8,570

Base$2,144

Revenue 7d$1,816

Filecoin$1,487

Base$329

Revenue 24h$344

Filecoin$264

Base$80

Cumulative Revenue$17,314

Filecoin$13,720

Base$3,594

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Base$0

Filecoin$0

Holders Revenue 7d$0

Base$0

Filecoin$0

Holders Revenue 24h$0

Base$0

Filecoin$0

Cumulative Holders Revenue$0

Base$0

Filecoin$0

Total Raised$4.5m

Feb 6, 2024$4.5mRound: SeedInvestors: Multicoin Capital, Zee Prime Capital, FinTech Collective, Big Brain Holdings, Protocol Labs

Protocol Information

GLIF is DePIN’s on-chain credit layer - liquidity providers earn rewards and hardware providers scale operations.

Category:Liquid Staking

WebsiteGitHubTwitter

Methodology

TVL: This TVL calculation combines GLIF's two pools: (1) Filecoin pool (on Filecoin network) and (2) Impossible Cloud Network pool (on Base network). For the Filecoin pool, tvl tracks the total amount of FIL deposited into the protocol, and the total amount of locked FIL collateral by borrowers, to arrive at TVL. For the Impossible Cloud Network pool, tvl tracks the total ICNT assets locked in the pool.View code on GitHubFees: Interest and delegation rewards paid into the GLIF lending pools by Filecoin Storage Providers (FIL borrow APR) and Impossible Cloud Network node operators (ICN delegation rewards). Computed each day as LP yield from share-rate appreciation of iFIL / stICNT, grossed up by the 10% protocol treasury fee.View code on GitHubRevenue: 10% protocol fee on both pools. Filecoin: per docs.glif.io/en/for-liquidity-providers/glif-reward-mechanism-ifil iFIL holders earn 90% of SP borrow interest and the protocol treasury takes the remaining 10%, observable on events.glif.link/pool/0/fees. Base: on-chain PoolV2.treasuryFee() returns 0.1e18 = 10%, applied to each ICN node reward claim before LP rewards are restaked.View code on GitHubHolders Revenue: View code on GitHub

Yields

Pools Tracked2

Average Supply APY43.72%

Competitors

Origin Ether ($34.23m)STFIL ($4.15m)iAero Protocol ($2.18m)Filet Finance ($1.08m)MineFi ($1.06m)SFT Protocol ($446,664)HashKing ($331,311)FILLiquid ($193,744)HashMix FIL ($164,351)BakerFi ($59,479)