{"id":21818,"date":"2025-03-07T13:17:38","date_gmt":"2025-03-07T11:17:38","guid":{"rendered":"https:\/\/forklog.com\/en\/solana-community-to-vote-on-new-inflation-model\/"},"modified":"2025-03-07T13:17:38","modified_gmt":"2025-03-07T11:17:38","slug":"solana-community-to-vote-on-new-inflation-model","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/solana-community-to-vote-on-new-inflation-model\/","title":{"rendered":"Solana Community to Vote on New Inflation Model"},"content":{"rendered":"<p>Validators of Solana are set to vote on the <span data-descr=\"Solana Improvement Document \u2014 document for improving Solana\" class=\"old_tooltip\">SIMD<\/span>-228 proposal, which suggests a shift to a new inflation model for SOL tokens. This was announced by Vishal Kankani, a co-author of the document.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">SIMD-0228:<\/p>\n<p>As we head to the vote in epoch 753, I am proud to share that we have spent almost two months discussing SIMD-0228 in public. (Check screenshot for details).<\/p>\n<p>Throughout the process, we incorporated several pieces of community feedback:<\/p>\n<p>1. Transitioned from a\u2026 <a href=\"https:\/\/t.co\/0g138cFGY8\">pic.twitter.com\/0g138cFGY8<\/a><\/p>\n<p>\u2014 Vishal Kankani (@kankanivishal) <a href=\"https:\/\/twitter.com\/kankanivishal\/status\/1897524703981428830?ref_src=twsrc%5Etfw\">March 6, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Currently, the network&#8217;s annual inflation stands at 4.6% and is gradually decreasing by 15% annually until it reaches 1.5%, according to <a href=\"https:\/\/solanacompass.com\/tokenomics\">Solana Compass<\/a>. <\/p>\n<p>SIMD-228 proposes a dynamic model: if the percentage of tokens staked falls below the 33% threshold, SOL issuance will increase to incentivize participants. With a high volume of locked tokens, inflation will decrease, reflecting a reduced need to &#8220;overpay&#8221; for network security.<\/p>\n<p>The document&#8217;s authors are Vishal Kankani and Tushar Jain from Multicoin Capital, along with economist Max Resnick from Anza. They believe this model will help reduce emission rates and make SOL a more scarce asset.<\/p>\n<p>The vote on SIMD-228 is expected to commence around epoch 753. The proposal has sparked active debate within the community. Among its supporters are Solana co-founder Anatoly Yakovenko and Helius founder Mert Mumtaz.<\/p>\n<p>President of the Solana Foundation, Lily Liu, expressed concerns, considering the model insufficiently thought out. She believes that unpredictable staking yields might deter institutional investors.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">228 is too, too half-baked<\/p>\n<p>Here&#8217;s my TLDR:<\/p>\n<p>1\/ Negative impact on SOL the asset during a critical period of growth<\/p>\n<p>Blockchains are networks; they also have a native asset. The network and asset subecosystems are interdependent. Changing network parameters can be good for\u2026<\/p>\n<p>\u2014 Lily Liu (@calilyliu) <a href=\"https:\/\/twitter.com\/calilyliu\/status\/1897792990585790560?ref_src=twsrc%5Etfw\">March 6, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Kankani and Resnick responded that the project had been publicly discussed for two months and refined based on feedback.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The opposition to 228 is claiming that there is some kind of rush to get this out. There isn&#8217;t, there wasn&#8217;t, it&#8217;s merely a tactic they are using to try and discredit the proposal. Tushar and Vishal introduced this SIMD almost 2 months ago. Along the way they accepted tons of\u2026 <a href=\"https:\/\/t.co\/YMBiJiJD33\">https:\/\/t.co\/YMBiJiJD33<\/a><\/p>\n<p>\u2014 Max Resnick (@MaxResnick1) <a href=\"https:\/\/twitter.com\/MaxResnick1\/status\/1897529578798899257?ref_src=twsrc%5Etfw\">March 6, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Back in February 19, Blockworks researcher Carlos Gonzalez Campo reported that the annual inflation of SOL <a href=\"https:\/\/forklog.com\/en\/news\/solana-inflation-jumps-by-30-after-simd%e2%80%910096-rollout\">increased by 30.5%<\/a> following the implementation of a new fee distribution model on the platform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Validators of Solana are set to vote on the SIMD-228 proposal, which suggests a shift to a new inflation model for SOL tokens. This was announced by Vishal Kankani, a co-author of the document. SIMD-0228: As we head to the vote in epoch 753, I am proud to share that we have spent almost two [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1159],"class_list":["post-21818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=21818"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/21817"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=21818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=21818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=21818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}