Filecoin Proposes Shifting Block Rewards to Paid Storage, $FIL Up 2%
95% → 50% → consensus share of block rewards, stepping down under FIP-0118
~9 quarters → transition period
Burned → any service share nobody earns
$1.18 → FIL price, +2% in 24h, $982M market cap
🟢 Bullish. Paying miners for real storage and burning the rest cuts dilution, and price is above its 3-day average ($1.117). Still a proposal, not law.
Expect a run at the $1.276 weekly high while FIL holds above $1.117.
Not financial advice. DYOR.
$FIL
95% → 50% → consensus share of block rewards, stepping down under FIP-0118
~9 quarters → transition period
Burned → any service share nobody earns
$1.18 → FIL price, +2% in 24h, $982M market cap
🟢 Bullish. Paying miners for real storage and burning the rest cuts dilution, and price is above its 3-day average ($1.117). Still a proposal, not law.
Expect a run at the $1.276 weekly high while FIL holds above $1.117.
Not financial advice. DYOR.
$FIL