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Filecoin Ecological Support Scheme Proposal

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In today’s blockchain world, the competition of public chains has largely evolved into the competition of chain utility, performance and ecosystem strength. The more mature the ecosystem, the more use cases for chain development, which in turn makes it more dynamic. The launch of FEVM has opened the door to the ecological development of Filecoin, and various application cases led by DeFi have sprung up like mushrooms after rain. However, compared with other public chains, the ecological development of Filecoin is very slow, lacking major infrastructure such as stable currency, predictor and index. On other EVM compatible chains, the cost of developing DeFi on FEVM is much higher. Protocol Labs(PL) and Filecoin Foundation(FF) have huge network resources, but their support for this ecosystem is not sufficient. Establishing an ecological foresight service team: planning the ecological development of Filecoin network. Compared with other chains, focus on supporting projects that have an important foundation or position in the ecosystem. Publicly encourage and support various projects, and put resources such as development, marketing, investment and cooperation of other chains into Filecoin. The ecosystem team should have a longer-term plan and deliver key milestones.

1.Setting up ecological support fund: setting up a fund to increase the obligation to support the development of the ecosystem. At least 1/2 of the shares held by PL and FF should be used to support Filecoin ecological projects, increase funding, and disclose the usage and progress information of each funded ecological project to the community every month;

2.Establish a Defi ecosystem fund: PL&FF needs to set up a fund dedicated to DeFi ecosystem. Make it more prosperous and solve the thorny problems of project construction. The fund size should be no less than 1/4 of the total positions of PL and FF.

3.Manage the list of approved DeFi projects Filecoin Foundation: review and verify the effectiveness and safety of the projects for the DeFi community and users. PL&FF shall pledge at least 20% of the pledge pool of each project and each agreement, and support each DeFi project to connect token holders and SP, educate users and market the Defi community to expand the network;

4.Liquidity Crisis Emergency DeFi Relief Fund: There should be a new fund setting to provide security and stability for DeFi projects. When the project faces liquidity crisis, the community can vote to release emergency liquidity to save and inject deposits to restore normal liquidity level. This should only apply to the top ten projects of TVL. After the liquidity is restored, it will be gradually withdrawn.

In-depth interpretation of Filecoin ecological support scheme proposalIn today’s blockchain field, the competition between public chains is becoming increasingly fierce, and the focus of competition has shifted from pure technical performance to the development and improvement of the ecosystem. A prosperous ecosystem means more use cases, wider user base and stronger vitality. Filecoin, as a public chain dedicated to decentralized storage, has opened a new door for ecological development through the launch of FEVM, but the speed and depth of its ecological development are still slow and insufficient compared with other public chains.

The points mentioned in the proposal, such as setting up an ecological support fund, setting up a DeFi ecosystem fund, managing the list of approved DeFi projects and setting up an emergency DeFi rescue fund for liquidity crisis, are all targeted solutions to the ecological situation of Filecoin.

1.Establish an ecological support fundThe establishment of ecological support fund is an important step in the ecological development of Filecoin. The purpose of this fund is to provide financial support for projects that have an important foundation or position in the Filecoin ecosystem. PL and FF, as the main promoters and holders of Filecoin, have the responsibility and obligation to support the ecological development. The establishment of this fund can not only attract more developers, teams and investors to participate in the ecological construction of Filecoin, but also provide necessary financial support for ecological projects and promote their rapid development.

2. Establish the DeFi Ecosystem FundDeFi, as a hot application direction in the blockchain field, is an important part of ecological development for any public chain. Filecoin is no exception. The establishment of a special DeFi ecosystem fund can ensure that the DeFi project gets enough support and resources on Filecoin, thus promoting the prosperity and development of DeFi in Filecoin. In addition, this fund can also solve the thorny problems that may be encountered in the project construction and provide a strong guarantee for the smooth progress of the project.

3. Manage the list of approved DeFi projectsWith the development of DeFi in Filecoin, more and more DeFi projects will join this ecology. In order to ensure the effectiveness and safety of these projects, the Filecoin Foundation needs to strictly review and verify these projects. At the same time, PL and FF should actively participate in and promote the development of these DeFi projects through pledge, support, education of users, marketing and other means, and contribute to the prosperity of the ecology.

4. Liquidity Crisis Emergency DeFi Relief FundLiquidity crisis is a common problem in DeFi projects, especially when the market fluctuates greatly. In order to deal with this problem, it is very necessary to set up an emergency DeFi rescue fund for liquidity crisis. When a DeFi project faces a liquidity crisis, this fund can provide emergency liquidity support to help the project tide over the difficulties and ensure the stable and sustainable development of the ecology.

Generally speaking, this proposal puts forward a comprehensive and concrete plan for the development of Filecoin. By setting up ecological support fund, DeFi ecosystem fund, managing the list of approved DeFi projects and setting up emergency DeFi rescue fund for liquidity crisis, we can effectively promote the development and improvement of the Filecoin ecology, attract more developers and investors to join this ecology, and jointly promote the influence and status of Filecoin blockchain field. At the same time, it also needs the active participation and support of core teams and holders such as PL and FF to contribute to the prosperity and development of Filecoin.

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