coin-img-ETHETH-4.36%coin-img-BTCBTC-3.68%coin-img-SOLSOL-4.15%coin-img-XRPXRP-5.90%coin-img-USDCUSDC+0.05%coin-img-DOGEDOGE-5.13%coin-img-SUISUI-6.39%coin-img-HYPEHYPE-5.48%coin-img-ETHETH-4.36%coin-img-BTCBTC-3.68%coin-img-SOLSOL-4.15%coin-img-XRPXRP-5.90%coin-img-USDCUSDC+0.05%coin-img-DOGEDOGE-5.13%coin-img-SUISUI-6.39%coin-img-HYPEHYPE-5.48%coin-img-ETHETH-4.36%coin-img-BTCBTC-3.68%coin-img-SOLSOL-4.15%coin-img-XRPXRP-5.90%coin-img-USDCUSDC+0.05%coin-img-DOGEDOGE-5.13%coin-img-SUISUI-6.39%coin-img-HYPEHYPE-5.48%coin-img-ETHETH-4.36%coin-img-BTCBTC-3.68%coin-img-SOLSOL-4.15%coin-img-XRPXRP-5.90%coin-img-USDCUSDC+0.05%coin-img-DOGEDOGE-5.13%coin-img-SUISUI-6.39%coin-img-HYPEHYPE-5.48%

Filecoin six-year vesting period nears end, cutting annual token releases by 68 million FIL

ChainCatcher reports that Filecoin six-year vesting period is nearing completion, removing about 68 million FIL in annual releases. At current mining rates, the annualized increase from vesting and block rewards will drop from roughly 89 million FIL to 21 million FIL. Storage provider rewards will still be distributed after vesting ends. Filecoin is a decentralized storage network, and FIL is its native token, used to incentivize storage and retrieval services on the network.
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