Solana Validators Approve Proposal to Double Disinflation Rate
Solana validators have approved a proposal to double the annual disinflation rate from 15% to 30%, aiming to reduce future SOL issuance significantly. The proposal received 67% support, allowing the network to cut projected SOL issuance by 18.9 million tokens over six years. This decision reflects a strategic move to enhance the token's value amidst ongoing governance discussions.
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Helius CEO Secures Last-Minute Votes to Slash Solana Inflation
SGP-0002, which proposed to double Solana’s disinflation rate from 15% to 30%, passed in the nick of time, as Helius CEO Mert Mumtaz resorted to old politics, contacting validators to change their votes after it seemed the proposal would not gather enough support to reach implementation. Solana Barely Passes Double Disinflation Proposal Validators of the […]
Solana validators approve proposal to accelerate SOL disinflation
The approved proposal doubles Solana’s annual disinflation rate from 15% to 30%, reducing future SOL issuance while leaving its long-term inflation target unchanged.
Solana inflation cut clears vote with 67% support
Solana’s proposal to double its annual disinflation rate has cleared a governance vote with 67% support, placing the network on course to reduce projected SOL issuance by 18.9 million tokens over six years. Solana inflation proposal narrowly clears required vote…
Solana’s faster disinflation plan leads vote as $800K burn proposal trails
All three proposals have cleared quorum, but a plan to slow new SOL creation is only narrowly passing while a separate vote to sharply increase token burns remains below the two-thirds support needed.