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Help & FAQs / Fil Lending

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How do I participate in Filecoin Lending on CoinList?

Participants have one option to lend their FIL through FIL Lending 27


If you’d like to learn more about FIL Lending on CoinList, please visit the landing page here: https://coinlist.co/fil-lending


Other Fil Lending Questions

Where will my funds be held when they’re not being lent out?

Your FIL will be held at Gemini Custody, one of CoinList’s verified custodians.


What assets can I use to participate?

To participate, you must lend FIL to CoinList to participate. If you do not have FIL and would like to participate, you can purchase FIL on CoinList or CoinList Pro with USD, USDT, USDC, BTC, and/or ETH. 


How is my FIL being lent out?

Your FIL is being lent out to trusted Filecoin network participants that have successfully onboarded with CoinList. This includes, but is not limited to, Filecoin storage miners and liquidity providers. 


All counterparties must pass KYC/AML and all loans issued are collateralized. 


Who is eligible to participate?

All users from CoinList's supported jurisdictions


Users from certain unsupported jurisdictions can still participate but it requires a manual process to execute the loan. For that reason, we require external FIL lenders to lend a minimum of $50k worth of FIL. 


If you're in an unsupported jurisdiction and would like to participate, please email charlie@coinlist.co 


Can I participate with unvested FIL?

You are only able to participate with vested FIL in the lending program. If you have additional FIL that is set to vest before the deadline,you may submit more loans as more FIL becomes vested.  Please visit our Help Center if you have additional questions. 


What is the minimum loan size to participate?

5 or 100 FIL depending on the program.

When will I receive my funds back?

Here is the timeline for the 25th FIL Lending Program through CoinList:


May 23: Lending period opens 

June 6, 2022, 9:00 am PST: Lending period deadline 

June 6, 2022: Loan start date 

December 3, 2022: Principal + interest distributed back into CoinList wallets unless terminated at an earlier date


Lending will be available on a first-come, first-serve basis. Earlier loans will be prioritized over later loans. CoinList may close the loan period early based on lender demand. Once your loan has started, you will not be able to access that FIL until loan maturity. 

How much will I earn by participating?

In the 27th FIL Lending Program, participants have one option to lend their FIL: 


Option 1: 180 day loan with no early termination

  • Participants will earn a fixed 10.0% APY on the principal FIL lent to CoinList for 180 days, resulting in a fixed net 4.93% return.

What is Filecoin Lending on CoinList?

Filecoin lending on CoinList is a way for you to put your FIL to work by simply lending your FIL to CoinList. The Filecoin ecosystem is very young and many network participants are in need of FIL to supplement their working capital. 


We are currently running the 27th FIL Lending Program through CoinList. Participants have one option to lend their FIL: 


1. A 180-day loan with no early termination. Participants will earn a fixed 10.0% APY for 180 days – a net 4.93% return.


The 27th lending period opened up on May 23rd and closes June 6th.


Participants who lend their FIL for will receive their principal + accumulated interest denominated in FIL back into their CoinList wallets at the end of the loan term. 


The loan start date for all loans in the 27th lending program will be June 6th. Once all loans are deployed, you'll be able to track your loan with the loan dashboard in your CoinList Filecoin wallet. 


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