Galaxy Research suggests providing voters with a broader range of options to select Solana’s deflation rate and determine the outcome based on a weighted average. This proposal aims to address the polarization in voting that arose from the SIMD-228 case. Max Resnick from Anza expressed concerns that voters might attempt to skew the results in … Read more
Following Donald Trump’s signing of the executive order on the U.S. cryptocurrency strategic reserve, the crypto market experienced a rapid pullback. This led toSolanaquickly dropping, hitting a 24-hour low of $135. However, a bullish rebound pushed the SOL price back up to $143, reflecting a rejection of lower prices. With the bullish recovery, the SOL … Read more
Current Progress🔥 The Solana proposal SIMD-228 has received 70% approval votes, and the voting is expected to conclude in 52 hours (Epoch 755). Core Mechanism 👉 Introduction of a dynamic adjustment mechanism for the SOL issuance curve based on staking rates. At the current staking rate of 64%, the annual inflation rate of SOL will … Read more
After the massive unlocking of Solana, can SIMD-228 become a remedy for the market? Recently, Solana (SOL), which was once highly anticipated by the market, has fallen into difficulties and performed poorly. Multiple factors are at play here. The overall market has seen a significant correction, the meme market has cooled down leading to reduced … Read more
What is the SIMD 228 proposal? This article will clarify it for you. If we compare Solana to a company, then SOL stakers are the “employees” of this company, maintaining network security by staking SOL in exchange for “salary” (staking rewards) issued by the system. The SIMD 228 proposal essentially announces: The salary distribution mechanism … Read more