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  • 🐷Welcome to Filliquid Docs
  • 🔵About FILLIQUID
  • 🧐How it works
    • Design Architecture
    • Staking and Redemption by FIL Token Holders
    • Borrowing and Repayment by Storage Providers (SPs)
    • Transaction Fees
    • Risk Management Mechanisms
  • 🔮Staking User Guide
    • Staking Yield Allocation
    • Benefits for Token Holders
    • FILLiquid Reward Mechanism -FIT
    • How to Stake Filecoin
      • Preparing Wallet
      • Connect Wallet
      • Stake Filecoin
      • Withdraw Filecoin
    • How to Utilize FIT
      • Stake FIT to Earn FIG
      • Stake FIG to Earn FIL
    • More Instructions
      • Understand Filecoin (FIL) Wallet Address
      • Fees (Protocol Revenue)
      • FIL/FIT Exchange Rate Mechanism
  • Storage Provider GUIDE
    • Borrowing Interest Rate
    • Borrowing Filecoin
      • Binding and Unbinding For Borrowers
      • How to Bind a Miner in FILLiquid
      • Borrowing FIL For Storage Providers
      • Repayment of Loan
      • Precautions Notes
    • Liquidation Mechanism
    • Family Miners
    • Debt Farming for SP
  • ⚡ECONOMICS
    • FIT Token
    • 🐽FIG Token
      • Voting Power
    • Contract Address (CA)
    • Audits
    • 👨‍💻Bug Bounty Program – 500,000 FIG Tokens in Rewards
  • 🆘Trouble shooting
    • 🙋FAQ
      • FIL Staking QnA
      • Farming QnA (FIT Staking)
      • Dividend QnA (FIG Staking)
  • 🗺️Roadmap
    • Roadmap
  • ⁉️Understanding Filecoin Ecosystem
    • What is Filecoin
    • What is Storage Provider
    • Background
    • Introduction
    • What is FILLiquid
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  1. Staking User Guide
  2. How to Utilize FIT

Stake FIG to Earn FIL

PreviousStake FIT to Earn FIGNextMore Instructions

Last updated 3 months ago

How to Participate in FIG Staking Dividends?

By staking FIG, users can earn platform fee dividends in FIL. Users receive dividend shares based on their chosen staking period, with more extended periods offering higher dividend weights.

What are the Dividend Rules?

  • Dividend Period and Staking Lock: Users can choose dividend pools with varying staking periods. Each period has a corresponding dividend weight. During the staking period, the principal is locked and cannot be withdrawn. After the staking period ends, users can either withdraw the principal or continue participating in the dividends. (After the period ends, you can withdraw your staked FIG anytime, but any future unreleased rewards will no longer be accrued.)

  • Dividend Trigger Mechanism: Dividends are automatically triggered whenever tokens are injected into the dividend pool. As long as your FIG remains staked, you will participate in the current dividend distribution, regardless of how long you've staked.

  • Dividend Release Method: Dividend rewards are released linearly over 180 days,gradually unlocking based on block height.

How Do I Proceed?

  • Choose a Staking Period: The platform offers four staking periods—30 days, 90 days, 180 days, and 360 days. You can select the period that suits your needs.

  • Enter the Staking Amount: Enter the amount of FIG you want to stake. The minimum amount is 10 FIG, and there is no maximum limit. You can have up to 20 staking transactions simultaneously.

  • View Staking Records: You can view your staking status, accumulated rewards, and pending rewards anytime. All dividend rewards accumulate in your account and can be claimed anytime.

How is Profit Calculated?

Dividends are allocated based on the user's staking period and the amount staked, calculated with the following formula:

  • Your Dividend Amount = Total dividend pool(FIL) * (Your personal weight / Platform's total weight)

  • Platform's total weight= (Sum of all users' staking period weights * their respective staked amounts)

  • Your Personal Weight = (Your staking period weight * the amount you staked for that period)

User

Period

Weight

Staked Amount

A

30 days

10

100,000 FIG

B

90 days

20

100,000 FIG

C

180 days

30

100,000 FIG

D

360 days

40

100,000 FIG

For example:If the total dividend for this round is 500 FIL, each user's FIL dividend is calculated as:Total dividend amount * (User's personal weight / Platform's total weight) =User's dividend

  • User A's dividend:

500 * (10 * 100,000 )/( 10 * 100,000 + 20 * 100,000 + 30 * 100,000 + 40 * 100,000)= 50 FIL

  • User B's dividend:

500 * (20 * 100,000 )/( 10 * 100,000 + 20 * 100,000 + 30 * 100,000 + 40 * 100,000)= 100 FIL

  • User C's dividend:

500 * (30 * 100,000 )/( 10 * 100,000 + 20 * 100,000 + 30 * 100,000 + 40 * 100,000)= 150 FIL

  • User D's dividend:

500 * (40 * 100,000 )/( 10 * 100,000 + 20 * 100,000 + 30 * 100,000 + 40 * 100,000)= 200 FIL Feature Explanation

  • Dividend Amount: The total number of dividends for the current round (once this number is reached, dividends are triggered).

  • Current Dividend Pool: The amount of FIL that has entered the dividend pool.

  • FIL Remaining to Trigger Next Dividend: The number of FILs required to trigger the next dividend round.

Risk Disclaimer If a user withdraws their principal before the dividends are fully released, they will lose any unreleased dividend rewards. FILLiquid Foundation reserves the right to the final interpretation of this system.

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