What is Network Baseline Model (Filecoin)?

The Network Baseline Model is Filecoin's schedule for minting tokens, which is tied to growth in the protocol's storage capacity. While tokens are only minted via block rewards, 70% of rewards are distributed in proportion with the growth of the total storage capacity of the network. The remaining 30% of rewards are distributed according to an exponential decay model, in which block rewards are greatest at the protocol's inception and diminish over time.