Filecoin Vesting End Could Slash Annual FIL Issuance by 77%
Filecoin’s six-year vesting schedule is set to conclude in mid-October 2026, ending about 68.3 million FIL in annual releases. If block rewards remain near recent levels, yearly issuance could drop from roughly 88.9 million FIL to 20.6 million FIL, a decline of about 77%. FIL was trading around $1.10 after falling 2.29% in a day.
Filecoin’s mainnet went live on 15 October 2020. Its initial token design set aside 300 million FIL for Protocol Labs, including contributors and team, and 100 million FIL for the Filecoin Foundation. Both pools unlocked gradually over six years, rather than at launch.
Lotus accounting adds 9.8 million FIL to that same six-year category, bringing expiring yearly releases to about 68.3 million FIL. Recent network data showed roughly 56,449 FIL generated daily, or about 20.6 million FIL annualized from block rewards.
The end of vesting could matter most to FIL holders, storage providers, and businesses relying on decentralized storage. If scheduled releases fall sharply, perceived sell pressure may ease, though block rewards, token burns, and collateral locks mean circulating supply may not move in lockstep. Storage providers could still earn rewards, but their economics may depend on FIL’s price and network demand. Broader users may see little immediate change unless token-market shifts affect network participation or service costs.