Why is there trading in Filcoin pledge (Filcoin pledge annual interest rate)

Why is there trading in Filcoin pledge? After the price of Filcoin plummeted, t

Why is there trading in Filcoin pledge (Filcoin pledge annual interest rate)

Why is there trading in Filcoin pledge? After the price of Filcoin plummeted, the price rose from $4 on June 20th to a high of $7.

Why is there trading in Filcoin? Because pledging is an important technical indicator in blockchain. Filecoin miners can delegate their tokens to a verification node for mining and network maintenance, and receive rewards, ensuring that they have full network access for all participants in the block production process. This means that everyone has the opportunity to become a verification node and provide funding for the entire project to pay for development costs or earn income through collateral.

Filcoin pledge annual interest rate

The mainnet of Filecoin will officially launch when the block height reaches 148,888. With the rise in Fil price and the impact of price fluctuations, the annualized rate of pledge yield has also increased significantly, currently reaching around 20%. At the same time, the output of Fil mining is also continuously increasing, and it is expected to experience explosive growth in the near future. It is reported that Fil rewards will be distributed starting from May 15th each year, halving every week until deflation and remaining unchanged. Calculated based on the daily amount of FIL deposited seven days ago, the Fil rewards are approximately 125% (i.e. 100,000 coins per day), with an annualized return rate between 4% and 7%, adjusted based on the user’s Fil holding time.

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