Solana Validators Narrowly Approve Doubling Disinflation Rate in First Network-Wide Governance Vote

Solana Validators Narrowly Approve Doubling Disinflation Rate in First Network-Wide Governance Vote

SGP-0002 cleared the two-thirds bar by a third of a percentage point after Kraken and Galaxy switched positions in the final minutes. The post Solana Validators Narrowly Approve Doubling Disinflation Rate in First Network-Wide Governance Vote appeared first on Unchained.

Solana Vote Targets Faster Disinflation as NFT Market Expands

Solana validators have voted on a proposal to accelerate the network’s annual disinflation rate, marking a significant change in its approach to token issuance and governance. The decision is being viewed as an important test of Solana’s ability to use community-driven governance to manage its monetary policy while balancing the interests of validators, stakers, and […] The post Solana Vote Targets Faster Disinflation as NFT Market Expands appea…

Solana Fees Near 9,200 SOL/Day as Inflation Cut Passes 67%

Solana's fee generation approached a seven-day daily average of 9,200 SOL on August 27 as non-vote transaction activity reached record levels, strengthening the network's fee economy just as validators approved a substantial acceleration in the decline of inflation rewards. Fee generation measured in SOL has increased more than 80% over the past three months, according to data reported by The Block. At a SOL price around $104, 9,200 SOL represen…

Solana Narrowly Passes Its Double Disinflation Vote After Kraken Flips

Solana's SGP-0002 proposal doubling the network's disinflation rate passed by just 0.334 percentage points on August 28, after Kraken and Galaxy Digital reversed their votes in the final minutes. The change cuts about 18.9 million SOL from future issuance and moves the network's 1.5% terminal inflation target up from 2032 to roughly 2029.

Solana Fees Hit Record as Validator Rewards Face Cuts

Key Takeaways Fee generation reached 9,200 SOL daily. Non-vote transactions set another weekly record. Disinflation will reduce predictable staking income. […] The post Solana Fees Hit Record as Validator Rewards Face Cuts appeared first on Coindoo.