The company aims to help new miners lower their upfront cost by providing a FIL borrowing facility that requires collateral of as little as 10% of the total loan value. “By allowing for lower collateral, storage providers can allocate their funding to store [f]ilecoin+ deals, hardware and operations, rather than FIL or other forms of collateral, allowing them to scale their operations exponentially,” CoinList said in a statement.
Source: https://www.coindesk.com/business/2022/02/08/coinlist-aims-to-reduce-miners-capital-costs-with-low-collateral-filecoin-loans/?utm_medium=referral&utm_source=rss&utm_campaign=headlines