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BTC $60,605.96 -0.22%
ETH $1,553.77 -2.47%
BNB $573.32 -1.42%
XRP $1.09 -0.97%
SOL $61.57 -4.56%
TRX $0.3206 -0.33%
DOGE $0.0812 -0.46%
ADA $0.1579 -0.81%
BCH $217.16 +0.25%
LINK $7.33 -0.08%
HYPE $57.92 -2.54%
AAVE $59.90 -1.98%
SUI $0.7139 +2.52%
XLM $0.2014 +7.83%
ZEC $341.38 +2.21%

The Solana SIMD-0228 proposal is now open, aiming to shift the issuance of SOL to a market-driven model

2025-02-26 08:38:53
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ChainCatcher news, according to Cointelegraph, the Solana SIMD-0228 proposal is now open, aiming to shift SOL issuance to a market-driven model. Voting is expected to take place in about 10 days.

The proposal sets a target staking rate of 50% to enhance the network's security and decentralization. If more than 50% of SOL is staked, the issuance will decrease, thereby suppressing further staking by lowering 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 the current Solana issuance curve.

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