Comprehensive Analysis of Proposal SIMD-228

Comprehensive Analysis of Proposal SIMD-228

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

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