<ul><li>Solana's governance proposal SIMD-0228, which aimed to transition the network's fixed inflation schedule, failed to receive the required approval.</li><li>Concerns about centralization and unintended consequences were raised by the community during the extensive debate on the proposal.</li><li>Solana co-founder Anatoly Yakovenko emphasized the importance of fast and decisive governance for resource allocation and future improvements.</li><li>Despite the proposal's rejection, SOL's price surged 9%, indicating positive market sentiment towards Solana's governance structure.</li></ul>

Solana Faces Governance Debate as SIMD-228 Fails—Cofounder Speaks Out

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