37% of Solana validators approve proposal to cut SOL inflation

The SIMD-228 proposal, which aims to reduce soil inflation by 80%, has so far obtained support from 35.7% of Solana validators.

According to data Dune Analytics, 701 on the active solana 1327 (GROUND) The validators voted. 1.2% abstained, 17.2% are against the proposal and 37.5% are in favor. If SIMD-228 was approved, this would considerably reduce the rewards of staking, reducing the quantity of fresh ground token entering the traffic.

There have been concerns about how it would affect the decentralization of the network, even if this could reduce the sale pressure. Currently, Solana inflation models depend on the abolition of a balance between the burning rewards of transaction costs and to mark out.

More costs are burned during heavy network traffic periods, which helps counter inflation. However, as transaction costs have decreased, fewer tokens are removed from traffic. Staking incentives Continue to add a fresh floor offer to an inflation rate of 6.8%, which can reduce its price.

SIMD-228 would reduce stimulation rewards, reduction Provide, and possibly increase the soil value. However, the smallest validators with low or not commission rates would find it difficult to remain profitable and could even be forced to go out.

If enough validators leave, the decentralization of the network can weaken, which raises questions about its long -term viability. Before choosing SIMD-228, Solana’s developers have examined a number of options, including those with fixed rate adjustments.

Meanwhile, Solana’s market performance has been mediocre in recent weeks. Since March 13, Sol has been negotiated at $ 126, more than 50% on its peak of $ 293 in January. According to Defillama dataDecentralized financial activity has decreased, as shown in the total value of the locked network of $ 12 billion in January to $ 7 billion.

Due to the low use of networks, in particular while trading memecoin cools, the monthly costs also fell considerably, from $ 250 million in January to $ 89 million in February.

The pressure pressure can be reduced if SIMD-228 is approved, but its success is based on the demand for an expanding network. Reduction of inflation itself may not be enough to cause strong recovery in the absence of users and activity,