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ETH $1,640.07 -0.75%
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TRX $0.3288 -0.30%
DOGE $0.0764 -2.72%
ADA $0.1448 -3.90%
BCH $190.86 +0.54%
LINK $7.46 -1.30%
HYPE $60.61 -2.87%
AAVE $76.43 +5.41%
SUI $0.6808 -3.10%
XLM $0.1865 -2.90%
ZEC $413.31 -1.21%

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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