🧃 What is FILLiquid?
FILLiquid is like a money playground for Filecoin ($FIL).
Some people put their FIL in, and others borrow it when they need it.
#Filliquid #ELI5 #ExplainLikeImFive #Learn #Community #mechanism
📊 How are interest rates decided?
FILLiquid uses something called a “utilization rate”, which means how much of the money is currently being borrowed.
If a lot of FIL is borrowed, interest goes up.
→ This makes more people want to put their FIL in.
If not much FIL is borrowed, interest goes down.
→ This makes it easier for people to borrow.
🤖 It’s all automatic!
No humans are pressing buttons.
Smart robots (smart contracts) check the pool and change interest rates instantly based on what’s happening in real-time.
💰 Why should I deposit my FIL?
You earn rewards (interest).
When more people borrow, you earn more.
You don’t need to check it all the time — the system runs itself.
Your FIL isn’t just sitting there — it’s being used!
🧠 In short:
FILLiquid is a smart, automatic system that keeps FIL moving.
It helps people borrow when they need FIL, and it helps depositors earn passive income — all with no stress.
🔒 Final Slide — Stay Alert!
"This is the last page of the thread.
Be cautious and always double-check
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