THE SUPPLY-DEMAND BALANCE FOR $FIL COULD CHANGE!
The vesting period for Protocol Labs and the Filecoin Foundation ends on October 15.
The expected effect is a roughly 75% reduction in the gross issuance of new FIL, to around 22 million tokens per year.
What does this mean for the market?
Fewer new FIL tokens entering circulation could mean less supply-side pressure.
If demand stays the same or begins to grow, this could be a positive factor for the price.
Date: October 15
Gross issuance reduction: around 75%
Expected issuance: around 22 million FIL per year
This is not a guarantee of a pump, but a change in fundamental conditions. We’re watching the market’s reaction!
The vesting period for Protocol Labs and the Filecoin Foundation ends on October 15.
The expected effect is a roughly 75% reduction in the gross issuance of new FIL, to around 22 million tokens per year.
What does this mean for the market?
Fewer new FIL tokens entering circulation could mean less supply-side pressure.
If demand stays the same or begins to grow, this could be a positive factor for the price.
Date: October 15
Gross issuance reduction: around 75%
Expected issuance: around 22 million FIL per year
This is not a guarantee of a pump, but a change in fundamental conditions. We’re watching the market’s reaction!