
I don’t wanna conquer anything. It’s just that the person with the most freedom on the sea is the pirate king.
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Why you should pay attention to @glifio the leading LSD in the @Filecoin @FilecoinTLDR ecosystem and its potential for narrative rotation Within the $FIL protocol, LSDs present added importance as they can be the difference maker for the profitability of node operators.
However, Storage Providers must stake FIL when adding data to Filecoin - the FIL collateral acts as an incentive mechanism for the Storage Provider to continue providing proofs-of-storage over the data they claim to be storing.
The problem is the collateral requirements for storing large data sets can be prohibitively expensive.
Why is this the case? Filecoin miners (aka Storage Providers) earn block rewards by storing data on Filecoin and providing daily storage proofs of the data they store.