Filecoin Plans to Shift Block Rewards Toward Paid Storage
- Published
- Updated
- In
- Layer 1
Filecoin’s FIP-0118 changes how block rewards are split over roughly nine quarters, with the consensus share moving from 95% toward a 50% floor and any unearned service share being burned. One newsroom frames the shift as moving incentives toward paid storage, while another notes the new structure leaves unearned rewards destroyed rather than distributed.
Key claims & sources
What it means
Filecoin users, storage providers, and the broader network would notice a different reward split as the proposal works through its multi-quarter schedule. The change described in one piece applies to the way block rewards are divided, while the other piece connects that shift to paid storage incentives and mentions supply and transparency effects.
In practice, the proposal changes what can be earned from the service share and what happens when it is not earned. The consensus share still declines over about nine quarters, but the unearned service share is burned instead of being kept. (per thedefiant.io)
Market reaction i
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
Crypto Briefing
context