Your FIL will be held at Gemini Custody, one of CoinList’s verified custodians.
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.
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 firstname.lastname@example.org
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.
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.
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.