RIFIL
RIFIL is a DeFI Liquid Staking Data DAO which invests in subsidizing Filecoin Storage for Clients with valuable data against royalties for future retrievals deployed on FVM and IPC
Created on 10th December 2023
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RIFIL
RIFIL is a DeFI Liquid Staking Data DAO which invests in subsidizing Filecoin Storage for Clients with valuable data against royalties for future retrievals deployed on FVM and IPC
The problem RIFIL solves
- Anyone in the Filecoin ecosystem can use this for investing in valuable data generators and earn against that
- Storage Providers can earn more by storing data that would be high in demand using retrieval fees
- Clients can use this subsidy to store data for free or a negligible cost even without FIL+
- It can work with or without FIL+ and can also act as a replacement for FIL+
- Most useful for high impact data creators that whose data get used by a lot of other people like open source data models and weights
- Impactful for onboarding enterprise clients with high rate of retrievals
Challenges I ran into
Creating the incentive structure and finishing off in time.
Tracks Applied (2)
Filecoin Track
Filecoin
Alliance Track
Alliance
Cheer Project
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Discussion
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