Solana’s rejection of SIMD-0228 reflects a commitment to maintaining decentralization and market stability. Despite the failed proposal, SOL’s price surged 9%, indicating positive market sentiment toward Solana’s governance structure. The…
Browsing: SIMD 228
Solana’s governance proposal SIMD-228 to reduce inflation failed, receiving only 43.6% approval instead of the required 66.67%. The proposal aimed to make inflation rates dynamic, but concerns over smaller validator…
The SIMD-228 proposal could slash Solana’s inflation below 1%, adjusting staking rewards dynamically based on participation rates. Supporters see economic stability and scarcity benefits, while critics warn of potential centralization…
A whale has staked $22.85M worth of Solana (SOL) in three days, highlighting large-scale market movements. Solana’s recent price struggles, tied to Bitcoin’s performance, present two contrasting scenarios for its…