Filecoin plans to shift block rewards toward paid storage

Filecoin is rewriting how it pays the people who keep its network running. Under FIP-0118, nicknamed “Solstice,” a growing slice of block rewards will depend on whether customers actually pay for storage. How the new reward split works The change divides each block reward into three streams. The first is the consensus share, which goes to storage providers that win blocks. That consensus share currently sits at 95%. Under FIP-0118, it steps down toward a 50% floor over about nine quarters, or roughly 2.25 years. The second stream is a service share, directed to Registered Service Orchestrators. These are the participants tasked with driving paid demand onto the network. The service share starts at 5%. It can climb in 5% increments, but only when on-chain Filecoin Pay volume hits targets denominated in US dollars. The third stream is the twist. Any portion of the service share that goes unearned is burned, meaning it is permanently removed from circulation rather than handed out to someone else. Timing and the supply picture The new structure is set to activate with the nv29 mainnet upgrade. That upgrade is scheduled for epoch 6470279 on October 19, 2026, at approximately 12:59 UTC....