Skip to main content

Deposit/Withdraw FIL

pFIL tokens can be acquired under the "Delegate" section on the frontend, which connects directly to the Parasail delegation pool.

The Parasail delegation pool facilitates 1:1 exchanges between FIL and pFIL, ensuring that users can easily convert between the two tokens without any price slippage. The frontend will handle all necessary transactions automatically.

Go to the "Deposit" section under the "Delegate" page, and click "Deposit".

image

To delegate FIL and obtain pFIL, go to the "Deposit" section under the "Delegate" page. Enter the amount of FIL to delegate. Click "Deposit" to continue.

Click "Confirm" on the pop up window after checking the details. Then, approve the transactions with a wallet.

After seeing the success message, updated FIL and pFIL amount will be shown in the wallet.

image

Important Notes:​

  • All exchanges between FIL and pFIL are done at a 1:1 ratio
  • Withdrawals from the pool require sufficient balance in the delegation pool
  • The protocol uses a Jump Rate model for miner rates based on pool utilization
  • No external DEX is required for FIL/pFIL conversions