🚀 Unlock the Power of @Filecoin with Parasail! 🌐
Delegating $FIL on Parasail brings you closer to the future of decentralized storage. Here’s why you should stake $FIL with us:
✨ Benefits of Delegating $FIL on Parasail
✅ Automated Delegation: Simplify staking with automated service provider delegation without running any hardware
✅ Risk Diversification: Spread your funds across multiple providers to minimize risk, with SafePledge mechanism as additional risk mitigation
✅ Enhanced Liquidity: Receive pFIL, retaining liquidity without losing staking rewards
✅ Seamless Integration: pFIL can be used as collateral on Secured Finance and will work with a wider range of DeFi apps for maximum flexibility in the future
📖 How to Stake $FIL on Parasail
1️⃣ Set up an EVM-Compatible Wallet and add Filecoin Chain
2️⃣ Acquire $FIL Tokens:
From DEXes or from exchanges, then bridge or send them to Filecoin chain if not already on Filecoin chain
By using Parasail’s cross-chain swap from any supported chain to get $FIL on Filecoin chain (You can even swap for wpFIL directly to start earning rewards without further steps below): https://t.co/fFHL15Cx5Z
3️⃣ Connect Your Wallet to the $FIL Delegate Page: https://t.co/HUqACJNtWD
4️⃣ Deposit $FIL and approve the transaction
5️⃣ Receive pFIL reflecting your staked amount (You can also wrap pFIL to wpFIL and provide liquidity for more rewards)
6️⃣ Start Earning as pFIL automatically rebases to reflect rewards (wpFIL value increases to reflect rewards)
Join the decentralized storage revolution today! 🌟
#Parasail #DePIN #Staking #DeFi #Blockchain
