Filecoin Sub-DAO

Introduction NodeDAO: Decentralized Liquidity Provider for Staking Filecoin

NodeDAO is a decentralized organization that provides liquidity solutions for staking, jointly initiated by several large institutions. The initiative is expected to provide storage providers with a higher level of flexibility, as they will be able to rent out their storage capacity to token holders, who will be able to use it for staking purposes. By creating a decentralized platform that connects token holders and storage providers, NodeDAO is helping to create a stronger and more efficient staking ecosystem.

Filecoin SubDAO is composed of well-known service providers and institutions in the Filecoin ecosystem. It will develop a liquid staking protocol based on FVM. The main participants in the staking protocol are staking users, storage providers (SPs), and staking pools. The main process is that users deposit FIL into the staking pool and obtain nFIL. The staking pool lends FIL to SPs for staking mining, and the mining income will go into the staking pool, increasing the value of nFIL through the rebase token model.

NodeDAO's Filecoin staking provides users with great liquidity, as they can exchange the staked tokens at any time, providing great convenience when they have liquidity needs. As the DAO organization continues to introduce more storage providers and provide users with more choices, the platform has become more decentralized. The introduction of DAO members also empowers the staking token nFIL. Users can now stake on Filecoin.

NodeDAO also provides a decentralized solution for staking on Ethereum. The NodeDAO protocol incorporates all the key concepts of traditional liquidity staking, including operator-free operation, re-staking, and distributed validators, and is designed for the next generation of liquidity staking derivatives.

In short, NodeDAO's cooperation with Filecoin and its SubDAO is an exciting development in the blockchain ecosystem. The liquidity staking protocol of Filecoin and Ethereum provides users with a convenient and secure way to earn returns. NodeDAO will continue to expand its influence, introduce more members, and empower more functions for the platform token. Stay tuned for more exciting updates from NodeDAO in the near future.