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    RIFIL

    RIFIL is a DeFI Liquid Staking Data DAO which invests in subsidizing Filecoin Storage for Clients with valuable data against royalties for future retrievals deployed on FVM and IPC

    About

    The problem it solves * Anyone in the Filecoin ecosystem can use this for investing in valuable data generators and earn against that * Storage Providers can earn more by storing data that would be high in demand using retrieval fees * Clients can use this subsidy to store data for free or a negligible cost even without FIL+ * It can work with or without FIL+ and can also act as a replacement for FIL+ * Most useful for high impact data creators that whose data get used by a lot of other people like open source data models and weights * Impactful for onboarding enterprise clients with high rate of retrievals

    How it's made

    Challenges we ran into Creating the incentive structure and finishing off in time.