Filecoin Genesis Token Six-Year Vesting Period Ends on October 14, Annual New Supply Expected to Decrease by 77%

The six-year vesting period for the Filecoin genesis token will end on October 14, at which point the annual release of approximately 68.3 million FIL will cease, making block rewards the primary source of new supply. Based on recent mining rates, the annual new supply from FIL vesting releases and block rewards is expected to decrease by about 77%, from 8.89 million to 2.06 million, with the proportion of the current circulating supply dropping from about 9.7% to 2.2%. The block rewards for storage providers will not be affected by the end of the vesting period, with 25% available for immediate use and the remaining 75% gradually unlocking over 180 days.

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