FILLiquid's Testnet Soars with 14,000 Wallets, Launching 'OG Role' Campaign for 2 Million $FIG

FILLiquid, a Filecoin lending and borrowing platform, has achieved its 14,000 wallets milestone in its ongoing testnet. In response to the success, FILLiquid launched an exclusive "OG Role" campaign, rewarding loyal community members with a 2 million $FIG prize pool. The testnet provides users with the opportunity to test the platform's products and become eligible for an airdrop in $FIG tokens upon mainnet launch. With significant interest in the testnet, FILLiquid is solidifying its position as a highly anticipated DeFi solution aimed at deepening $FIL liquidity and expanding storage services on the Filecoin network.

FILLiquid's Testnet Success Surges to 14,000 Wallets, Sparking "OG Role" Campaign with 2 Million $FIG Reward

London, May 2nd, 2024 - FILLiquid, an innovative Filecoin lending and borrowing protocol, has achieved a remarkable milestone with over 14,000 wallets participating in its testnet. This surge in adoption highlights the increasing demand for enhanced $FIL liquidity solutions.

In recognition of its loyal community, FILLiquid has launched an exclusive "OG Role" campaign, offering a generous 2 million $FIG prize pool to its most dedicated members. To qualify for the OG Role, community members must attain Level 20 status on FILLiquid's Discord server by actively engaging in discussions, providing valuable insights, and sharing relevant information.

The success of FILLiquid's testnet underscores the project's commitment to building a robust and user-friendly platform for $FIL holders and storage providers. This second phase of testing allows users to experience FILLiquid's core products, including $FIL Staking, $FIL Borrowing, and $FIG Farming, while also providing valuable feedback to further enhance the protocol.

To date, the testnet has seen over 10,000 wallets participate, resulting in significant product improvements. These enhancements include enhanced UX features, improved contract security, a revised $FIG emissions schedule, and the introduction of $FIG Staking, which will enable token holders to generate revenue and contribute to the platform's sustainability.

FILLiquid's objective is to address the longstanding liquidity challenges faced by the Filecoin ecosystem. Storage providers, who play a crucial role in providing secure data storage services, often face financial barriers due to the need to pledge $FIL to the network.

Through FILLiquid, storage providers can unlock liquidity by leveraging their miner nodes as collateral to obtain $FIL loans. This innovative approach allows them to expand their storage capacity without depleting their financial resources. Simultaneously, $FIL holders gain opportunities to earn interest on their idle assets through lending.

Participating in the FILLiquid testnet is straightforward and accessible through the official Filecoin Calibration testnet. Users can connect their wallets, load testnet $FIL, and start testing the various products. By actively engaging in the testnet, participants become eligible for a share of the 3 million $FIG airdrop allocation upon the protocol's mainnet launch.

FILLiquid's commitment to innovation and community engagement is evident in the overwhelming response to its testnet. The platform's unwavering focus on deepening $FIL liquidity and fostering storage expansion in the Filecoin ecosystem positions it as a highly anticipated DeFi solution.

With its imminent mainnet launch on the horizon, FILLiquid is poised to revolutionize the Filecoin lending and borrowing landscape. Its comprehensive suite of DeFi products, coupled with its robust community support, will undoubtedly pave the way for a more accessible and liquid $FIL ecosystem.

Media Contact

Isaac Essuman

media@fliquid.io

Marketing Manager