📄️ Welcome to Repl!
Repl is the first repledging Protocol for pledged DePIN assets. It aims to enhance the efficiency of locked DePIN tokens, remove idiosyncratic risks among DePIN service providers, and lower the complexity for people to earn DePIN protocol rewards.
📄️ How does Repl work?
Repl tokenizes locked FIL in the Filecoin Protocol and enables liquidity and extended utilities for these pledged assets.
📄️ What is pFIL?
A pFIL token represents one pledged FIL that is free from any slashing penalties. When the pledged FIL used to mint pFIL becomes liquid, Repl protocol will use the FIL to acquire pFIL through auctions and rewards pFIL holders. Therefore, pFIL tokens are fully fungible with no idiosyncratic risks and generating returns.
📄️ Use Cases
Use Cases for Storage Providers
📄️ Key Features of Repl
100% Capital Efficiency: Repl directly connects pFIL holders and storage providers instead of adopting a raise-and-deploy pool model. This approach enables 100% capital utilization rate of funds committed, thereby effectively increasing returns for users and reducing costs for storage providers.
📄️ Canonical Contracts
Public Contracts:
📄️ FAQ
What is pFIL?