menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Solana News

>

Solana SIM...
source image

TheNewsCrypto

2w

read

234

img
dot

Image Credit: TheNewsCrypto

Solana SIMD-228 Proposal to Cut Inflation Rate Fails to Pass

  • The SIMD-228 proposal to reform the inflation rate failed to pass in the voting system.
  • Around 61.4% of the Solana community voted against the proposal, falling short of the required 66.67% to pass.
  • The proposal aimed to introduce a dynamic inflation system based on staking participation, reducing inflation by 80%.
  • Despite the rejection, the Solana voting system is receiving attention as a significant milestone for crypto governance.

Read Full Article

like

14 Likes

For uninterrupted reading, download the app