This document presents the design of an enhanced cloud-backed file system that aims to improve performance and reduce monetary costs for cloud storage. It discusses the limitations of traditional file systems when used with cloud backends and the need to optimize aspects like data layout, block management and billing models. The proposed file system exploits semantic correlations between data blocks and employs techniques like adaptive caching policies and efficient data layout to achieve good performance and cost savings based on evaluations. Key goals in designing the system were managing data blocks effectively and mitigating impacts of high latency cloud access.