🤝FIL token Lending on HashMix

In this article we will take a look at one of the services of the HashMix project — FIL token Lending.

HashMix Lending Platform takes Filecoin miner’s accounts as collateral, do a value of assessment to that according to their initial pledged FIL and possible future income. Then miners will receive a loan no more than the value of their miner account. That ensures a low risk of loans. The interest rate depends on the utilization rate of the total lending pool.

Usually, the lenders can receive a 20–45% APY (The Annual Percentage Yield is the real rate of return earned on money deposited for one year) according to current network stats.

Since FIL token outside of Binance can only be used via Trust Wallet, which is only available for mobile devices, accordingly, we will provide instructions for smartphones

You can read the instructions on how to use and replenish Trust Wallet here.