Store two consecutive Fibonacci numbers as the state:
fibs :: [Integer]
fibs = unfold (const False) fst step (0,1)
  where
    step (a,b) = (b,a+b)
The invariant is that the state is , with . Emitting its first component and updating the pair therefore produces . Integer avoids fixed-width overflow; the bit cost of adding increasingly large integers is separate from the number of unfold steps.

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