Decentralized governance and #CivicTech enthusiast Head of Governance at @filfoundation
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Solstice marks an important step in @Filecoin's evolution, aligning network rewards with the business of serving paying customers.
By tying incentives to revenue-generating economic activity, we're building a stronger foundation for sustainable growth.
filecoin.io/blog/Solstice-A-…
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DecentraMike retweeted
The Filecoin team has been focused all year on dramatically lowering token inflation, with the potential for sustainable deflation, while also commercializing the technology to compete at scale against major centralized storage companies.
I think we’re *very much* on the right track. From engineering to business teams there’s serious work happening and the future is looking very bright.
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A growing share of Filecoin network rewards is now tied to winning and keeping paying customers.
@blockworksres take on one of the most significant changes to Filecoin’s reward system since the network launched.
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DecentraMike retweeted
Solstice is live on @Filecoin mainnet!
Now, part of every block reward goes to the services that bring paying customers onto the network.
Our Forest team helped get it here by contributing to the core code every Filecoin node runs. Forest supports Solstice on mainnet from v0.38.0. Make sure you’ve upgraded your Forest nodes!
And for a great explainer on why Solstice matters, check out @DecentraMike’s thread 👇
The hardest part of decentralized governance isn't voting. It's incentives.
For six years, Filecoin rewarded the creation of storage capacity. Now, we're taking a major step toward rewarding something fundamentally different: paying customers.
Here's why Solstice matters. 🧵
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DecentraMike retweeted
$FIL's Solstice marks a major step to
reward those customers who pay.
For six years, #Filecoin rewarded
storage capacity creation.
Customer rewards are the right shift,
because paid demand shows real use.
Reward rules will shape the shift.
The hardest part of decentralized governance isn't voting. It's incentives.
For six years, Filecoin rewarded the creation of storage capacity. Now, we're taking a major step toward rewarding something fundamentally different: paying customers.
Here's why Solstice matters. 🧵
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DecentraMike retweeted
Great primer on one of the most significant changes to @Filecoin rewards system since launch.
Live Oct. 19
The hardest part of decentralized governance isn't voting. It's incentives.
For six years, Filecoin rewarded the creation of storage capacity. Now, we're taking a major step toward rewarding something fundamentally different: paying customers.
Here's why Solstice matters. 🧵
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The hardest part of decentralized governance isn't voting. It's incentives.
For six years, Filecoin rewarded the creation of storage capacity. Now, we're taking a major step toward rewarding something fundamentally different: paying customers.
Here's why Solstice matters. 🧵
Major developments to Filecoin tokenomics and strategy that go live this month 💫
1. Rewarding customer acquisition & retention with new network reward mechanics
2. End of vesting built into the genesis block completes, reducing daily token supply growth
3. New products for enterprises and AI agents
🧵
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And the demand side is coming together. Fil One is bringing enterprise storage to Filecoin. Integral Spacetime aims to migrate existing businesses and their workloads. New developer tools make storage accessible to AI agents.
The goal: a self-reinforcing economic loop.
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To me, this is what decentralized governance should enable: protocols that adapt their incentives as ecosystems mature.
Filecoin's first six years established the infrastructure. The next six are about the customers and services that make it valuable.
Happy birthday @Filecoin 🎂
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DecentraMike retweeted
Happy 6th birthday, Filecoin! 🎉
This year’s gift? A new economic flywheel built for the AI era:
🤖 More customers (AI agents, Fil.one, IPFS)
→ Recurring onchain revenue 💸
→ Usage-based provider rewards (Solstice) 🏆
→ Better services 💪
→ More customers 🔁
From incentivizing storage capacity to rewarding real demand. Here’s to the next era of Filecoin! 🚀
Major developments to Filecoin tokenomics and strategy that go live this month 💫
1. Rewarding customer acquisition & retention with new network reward mechanics
2. End of vesting built into the genesis block completes, reducing daily token supply growth
3. New products for enterprises and AI agents
🧵
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DecentraMike retweeted
With the nv29 Solstice upgrade, Filecoin is adopting @bittensor-style subnets, starting with service rewards for onchain revenue-generating demand! 💸
@Filecoin GTM is scaling faster than ever! 💪🚀
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DecentraMike retweeted
AI needs data. Who gets to control it?
Marta Belcher from Filecoin Foundation joins me today to talk AI, privacy, crypto and the future of the internet.
The Breakdown. EP 804. Live 12–2 PM ET. Come join us.
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DecentraMike retweeted
We’re thrilled to announce the launch of Integral Spacetime, a storage neocloud built to combine powerful business models into a single company focused on the future of digital storage.
The company acquires existing businesses with large storage needs (data aggregation, backup and disaster recovery, video and media, etc.) and great fundamentals → migrates their workloads onto the Filecoin network → and leverages that recurring revenue to support improvements in storage infrastructure.
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Filecoin shout out in the first 5 minutes of @ExploitSummit as example of successful incentive computing
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