Full Filecoin tokenomics breakdown: FIL token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Comprehensive breakdown of all investment rounds, pricing terms, and vesting schedules
Key questions and answers about Filecoin tokenomics.
Filecoin has 8 primary token utilities:
Filecoin token distribution allocates 1,959,845,164 FIL across 4 primary stakeholder groups:
FIL uses variable cliffs and vesting schedules that change depending on the allocation:
15% of the total supply (300,000,000 FIL) is unlocked at TGE, with the entire unlock going to Foundation.
Filecoin has a total supply of 2,000,000,000 FIL, of which 1,576,111,120 FIL (78.8% of total) is currently circulating.
Total length of the full Filecoin emission schedule is 11 years, with 29.68% released in Year 1, while the remaining 70.32% is released over the following 10 years.
Filecoin has 4 investor rounds, with the following investment price and vesting:
55% of the Filecoin supply is allocated to community focused pools such as Baseline Minting and Simple Minting.
Filecoin (FIL) is a groundbreaking decentralized storage protocol designed to disrupt traditional cloud storage models. Operated by a global network of participants instead of a central authority, Filecoin offers an innovative platform where users can rent or buy secure, scalable, and cost-effective data storage. Launched by Protocol Labs in October 2020, Filecoin's mainnet allows people worldwide to join its ecosystem, creating an extensive and reliable storage marketplace. At its core, Filecoin revolutionizes data storage by splitting files and distributing them across multiple nodes within its decentralized network. Storage providers, referred to as "miners," compete for storage contracts based on pricing and speed, while users retain the ability to select options that meet their specific requirements. Once uploaded, data is securely stored on the chosen miners' nodes, benefiting from high redundancy and decentralized encryption.