# Borrowing Filecoin

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.<br>


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