DeFi· ★★★★· bullish·

Filecoin Ends Vesting and Overhauls Rewards: Daily FIL Supply Growth Drops 75%

  • —Vesting for Protocol Labs and Filecoin Foundation is complete, cutting daily FIL supply growth by 75%
  • —The Solstice mechanism redirects part of block rewards to services with paying customers, burning any unearned share
  • —Integral Spacetime acquires businesses with large storage needs and migrates their workloads onto Filecoin
  • —Fil One offers S3-compatible enterprise storage with no egress fees on paid plans
Why it matters: A 75% cut in FIL emission reduces sell pressure, while shifting rewards toward paying customers reshapes the network's economics.
#FIL
Source: Filecoin Blog
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