Filecoin Plans to Shift Block Rewards Toward Paid Storage
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.
What this rests on
What it means
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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.
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context
Where this sits in the Filecoin series
| When | What happened | Figure |
|---|---|---|
| 5 days ago | FIL a 1.25 $ high | today it sits -8.8 % from there |
| 22 days ago | FIL a 0.9781 $ low | today it sits +16.6 % from there |
From what we have stored, starting 22 days ago.