The Solana SIMD-0228 proposal is now open, aiming to shift the issuance of SOL towards a market-driven model
News on February 26, the SIMD-0228 proposal of Solana is now open, aiming to shift SOL issuance towards a market-driven model. Voting is expected to take place within approximately 10 days. The proposal sets a target staking rate of 50% to enhance network security and decentralization.
If more than 50% of SOL is staked, the issuance will decrease, thereby suppressing further staking by reducing the yield; if less than 50% of SOL is staked, the issuance will increase to raise the yield and encourage staking. The minimum inflation rate will be 0%, while the maximum inflation rate will be determined based on Solana's current issuance curve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Suspected Wintermute wallet has accumulated SYRUP worth $5.2 million over the past two weeks
Polymarket shows a 72% probability that Lighter's FDV will exceed $1 billion on the day after launch
A certain whale doubles down on ETH long positions again, with holdings valued at $60.93 million.
Paradigm co-founder: This is the Netscape or iPhone moment for cryptocurrency