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Solana to Enhance Network Decentralization with New Policies

Solana to Enhance Network Decentralization with New Policies

The Solana Foundation is set to implement a new practice within its Delegation Program (SFDP) aimed at enhancing network decentralization, according to SolanaFloor.

For each new validator added to the delegation, three others will be removed if they meet two criteria:

The decision aims to address several objectives:

According to Blockworks, Solana’s mainnet hosts 1,224 active validators. The proportion of coins locked in the Delegation Program relative to the total staked volume in March was 10.6% (40.7 million SOL). Three years ago, this figure exceeded 22% (86.5 million SOL).

In April, the total market value of SOL engaged in staking reached Ethereum’s level, surpassing $55 billion.

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