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Solana Inflation Set To Plummet Below 1%—Quorum Reached

  • Solana's proposed token emission model, SIMD 228, has reached quorum with 70% of votes cast in favor.
  • If the proposal passes, Solana's annual inflation will be reduced to approximately 0.92% from the current emission rate.
  • SIMD 228 aims to implement a 'static curve' adjusting SOL issuance based on the network's staking participation rate.
  • The proposal argues that the current fixed emission schedule overpays for security and needs to be adjusted based on market conditions.

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