Filecoin Adjusts Reward Mechanism and Launches New Products

Filecoin announced that it is advancing three major developments this month, including adjustments to the reward mechanism, the end of the token release period, and the launch of new products. The new reward mechanism will allocate more block rewards to services that bring paying customers to the network, while rewards for consensus mining will be correspondingly reduced, and the unearned portion will be burned. The genesis token release period is coming to an end, with the daily increase in FIL circulation expected to drop by approximately 75%. Additionally, new products targeting enterprises and AI Agents are being launched, including the new cloud storage solution Integral Spacetime based on Filecoin.