FAQ

What is Cooperative Mining?

Filecoin mining requires both mining rigs and FIL tokens. In the mode of Cooperative Mining, the rigs are provided by the mining service provider, and the tokens are provided by the users. When the mining rewards are generated, they are distributed between the service provider and the users according to a pre-agreed ratio. 

What is DAO?

DAO is short for Decentralized Autonomous Organization. Such an organization usually consists of a bunch of people who fulfill tasks on the blockchain through proposals, voting, and other decentralized behaviors. Some famous DAOs and their tasks include Gitcoin (community), Chainlink (oracle), Lido (staking), and etc.