Filecoin Implements Reward Mechanism Reform, Daily FIL Circulation to Drop 75%

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Filecoin has launched a major network upgrade this month, introducing the Solstice reward mechanism. The update redirects block rewards toward services that attract paid clients, while reducing rewards for consensus-only mining, with unclaimed tokens being burned. Daily FIL issuance is expected to drop by 75% as the initial token release nears completion. The project also announced new products for enterprises and AI agents, including Integral Spacetime, Fil One S3-compatible storage, and tools for direct file storage and on-chain payments. These updates support ongoing efforts to facilitate new token listings and enhance network efficiency.

Odaily Planet Daily report: Filecoin has announced three key developments this month: The new reward mechanism, Solstice, will allocate more block rewards to services that bring paid customers to the network, while rewards solely for consensus mining will be correspondingly reduced, with the unearned portion being burned; the initial token vesting period is nearing its end, and daily new FIL circulation is expected to decrease by approximately 75%. Additionally, Filecoin has launched new products tailored for enterprises and AI agents, including Integral Spacetime—a storage cloud built on Filecoin—Fil One, an S3-compatible object storage solution, and tools enabling AI agents to directly store files, retrieve public links, and make on-chain payments.

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