As per Coinomedia, the Solana community has introduced governance proposal SIMD-0411, which aims to double the inflation decrement rate from -15% to -30%. This would accelerate the path to a 1.5% long-term inflation rate, expected to be reached by early 2029 instead of 2032. The change could increase SOL's scarcity and potentially its value, while also affecting staking rewards for validators and delegators. The proposal is set to be voted on by the community and may be implemented in a future network upgrade.
Solana Proposes Faster Inflation Cut to Reach 1.5% by 2029
CoinomediaShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.