Solana Community Initiates New Governance Proposal SIMD-0411 to Accelerate Inflation Reduction

Solana Community Initiates New Governance Proposal SIMD-0411 to Accelerate Inflation Reduction

Solana Community Initiates New Governance Proposal SIMD-0411 to Accelerate Inflation Reduction Crypto World News: According to Finance Feeds, the Solana community has launched a new governance proposal SIMD-0411 aimed at significantly accelerating the network’s deflation timeline and reshaping the long-term economic model of the SOL token.This proposal will increase Solana’s annual deflation rate from -15% … Read more

Solana SIMD-0228: Inflation Revolution or Decentralization Crisis?

Solana SIMD-0228: Inflation Revolution or Decentralization Crisis?

What is SIMD-0228? SIMD-0228 (Solana Improvement Document 0228) is a governance proposal put forward by the Solana community aimed at reforming the token issuance mechanism of the Solana network (i.e., the inflation model). This proposal was introduced by Tushar Jain and Vishal Kankani from Multicoin Capital, with support from Max Resnick, the chief economist of … Read more