Borrow FIL

The borrowed FIL will be sent to the node account.

Here, we provide a step-by-step guide on how to borrow FIL at variable interest rate for your node.

• Go to the Farm page

• Connect your wallet (such as MetaMask). Make sure your network is set to filecoin chain. Click here if you do not have it set up.

• Go to your node info page, and select Borrowing&Repayment tab.

• Specify the amount you want to borrow and click BORROW.

• After clicking, you should get a pop-up notification in your MetaMask to accept the transaction. Click Confirm and wait for the transaction to be processed.

• Once the transaction has gone through, your node should automatically receive FIL

Enable MinerBalance As Collateral

For the storage provider using lotus as the client, you must enable the following configuration to use miner available balance for sector collateral instead of sending it with each message.

$LOTUS_MINER_PATH/config.toml

[Sealing]
#......
CollateralFromMinerBalance = true
#......

For more detailed sealing config instructions, please refer to the official document.