14 March | Other

Solana community rejected proposal SIMD-0228 to change inflation model

Solana community rejected proposal SIMD-0228 to change inflation model

The community of blockchain platform Solana has rejected an important proposal, SIMD-0228, aimed at changing the SOL cryptocurrency's inflation model. Despite the active participation of 910 validators, the proposal did not receive the necessary support, garnering only 43.6% of votes in favor. 27.4% of validators voted against the change.

The proposed dynamic inflation model, which depends on the network's SOL steaking ratio, has caused significant controversy among token holders. Those who took part in the vote were concerned about the possible economic impact and could not reach a consensus. Meanwhile, the 3.3% of participants who chose to abstain from voting also influenced the final decision.

By leaving the current fixed inflation model unchanged, the community demonstrated a cautious approach to reforming the platform's economic system. Discussing the future of SOL, market participants involved in the development of the ecosystem will continue to analyze various strategic solutions to improve the performance of the blockchain.

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