PANews October 16 news: Filecoin announced that it is advancing three major developments this month, including adjusting the reward mechanism, the end of the token vesting period, and the launch of new products. Among them, the new reward mechanism will allocate more block rewards to services that can bring paying customers to the network, with rewards for consensus mining correspondingly reduced, and the unearned portion will be burned; the genesis token vesting period is about to end, and the daily new FIL circulating supply is expected to drop by about 75%; in addition, new products for enterprises and AI Agents are being launched, including the new Filecoin-based storage cloud Integral Spacetime, among others.
Filecoin adjusts its reward mechanism and launches new products.
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