![Liquid-Staking-Protocol-Glif-Raises-45M-Seed-Funding-Suggests-Future.jpeg Elvis impersonators (Perry Knotts/Getty Images)](https://cryptotoptrends.com/wp-content/uploads/2024/02/Liquid-Staking-Protocol-Glif-Raises-45M-Seed-Funding-Suggests-Future-678x381.jpeg)
What Glif has done, according to Schwartz, is create a bridge between regular FIL holders who want yield and the storage providers who generate it. The holders loan their FIL into a pool that the providers borrow from, boosting their collateral and yield. Storage providers pay interest to the pool once a week.
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