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Baseline Minting Incentives

Exploring Filecoin’s Block Reward Policies

This article provides an update on the Filecoin x BlockScience research collaboration, further exploring this significant milestone for the Filecoin project.

The Filecoin network recently crossed the Baseline Target Threshold. With the Baseline Target Threshold passed Filecoin block rewards are now primarily distributed according to the Baseline Minting policy. This provides ongoing incentives to maintain a baseline of storage capacity on the Filecoin network.

In this article we explore what crossing the Baseline Target Threshold means, how Filecoin block rewards work, and how block rewards respond to network dynamics. Due to the mathematics involved, and Medium’s lack of LaTeX support, we have published this as a PDF hosted on Filecoin. You can view the article here:

https://ipfs.io/ipfs/QmPsGjMQ55WHG9tdocjP1u7y2FFLxZWBjCBHB3Msw3UTLR

This article was written by Danilo Lessa Bernardineli, Gabriel Lefundes and Burrrata with edits and suggestions by Jeff Emmett, Jessica Zartler, and ZX Zhang.

Further Reading

Read more about Filecoin on the Filecoin blog.

Keep up with the latest BlockScience research on our Twitter and Medium or explore our library of presentations, academic papers and recent media on our website.

BlockScience ® is an engineering, R&D, and analytics firm specializing in complex systems. Our focus is to design and build data-driven decision support systems for new and legacy businesses leveraging engineering methodologies and academic-grade tools.

With deep expertise in Blockchain, Token Engineering, AI/Data Science, and Operations Research, we are able to provide quantitative consulting to technology enabled businesses. Our work includes pre-launch design and evaluation of economic business and ecosystem models based on simulation and analysis. We also provide post-launch monitoring and maintenance via reporting, analytics, and decision support tools.

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BlockScience

BlockScience

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BlockScience® is a complex systems engineering, R&D, and analytics firm.