37% Validator Solana approves a proposal for reducing solo inflation

The SIMD-228 proposal aimed at reducing solid inflation by 80%, so far received 35.7% support from the validator of Solana.

Toward data by the analytics Dine, 701 of 1327 active Solanes (Salt) The validators voted. 1.2% are restrained, 17.2% are against the proposal, and 37.5% in favor. If the SIMD-228 is approved, it would drastically reduce the prizes, reducing the amount of fresh salt tokens that enters circulation.

There were some concerns about how this would affect the decentralization of the network, although it could reduce the pressure sales. Currently, Solana’s inflation models depend on the intrusion of balance between the ignition of transaction and rewards for placing.

More fees burned during a period of heavy net traffic, which helps in contrast to inflation. However, such as transaction costs decreased, fewer tokens are removed from circulation. Which will be advocated incentives Continue to add a fresh salt supply to 6.8% inflation rate, which can start its price.

The SIMD-228 would be awarded lower, reduction Supply and probably increases the value of salt. However, smaller validators with low or no commission rate would consider it difficult to stay profitable and may even force it.

If a lot of validators are passed, the decentralization of the network may weaken, which raises questions about its long-term sustainability. Before selecting SIMD-228, Solana Developers viewed numerous options, including those with fixed rate adjustment.

Meanwhile, Solaneine market performance was poor in the last few weeks. At 13. March, Sol traded $ 126, more than 50% to its top of $ 293 in January. According to the defile dataThe decentralized finance activity decreased, as she saw the total value of the net locked with $ 12 billion in January to 7 billion dollars.

Due to low use of the network, especially as Memecoin trading cooling, monthly fees have also been significantly dropped, from $ 250 million in January to $ 89 million in February.

Bid pressure can be reduced if the SIMD-228 is approved, but its success rely on the demand for expanding the network. Reducing inflation in itself may not be enough to start a powerful recovery in the absence of multiple users and activities,