The FILLiquid borrowing protocol allows Storage Providers to bind their miners to the FILLiquid smart contract to use their previously pledged $FIL assets as collateral to secure loans.
As a result, Storage Providers can secure $FIL loans to expand their storage capacity without increasing their financial burden.
Storage Providers must first bind their miner addresses before taking out the loan.
Let's take a look into how this can be achieved.
