WORLDTECHBitcoin & Crypto INDEPENDENT REPORTS
Filecoin nears the end of its six-year vesting schedule, cutting FIL issuance by about 75%
First reported Source: Crypto Briefing + 1 moreLast editorial activity
What happened
The reduction in FIL issuance could lead to increased scarcity, potentially boosting token value and influencing similar crypto projects' strategies. At the latest mining pace, annualized additions from vesting and block rewards would fall from about 89 million FIL to 21 million.
Sources & evidence
- Crypto Briefing Reporting source
Filecoin nears the end of its six-year vesting schedule, cutting FIL issuance by about 75% โ
https://cryptobriefing.com/filecoin-six-year-vesting-ends-fil-issuance/ - The Defiant Reporting source
Filecoin Nears End of Six-Year Vesting, Removing 68 Million FIL in Annual Releases โ
https://thedefiant.io/news/tokens/filecoin-nears-end-of-six-year-vesting-removing-68-million-fil-in-annual-releases