Yakovenko wants Solana to mint SOL to buy a company, but who would own it?

Share

Solana cofounder Anatoly Yakovenko proposed minting additional SOL to acquire a company, then using that business’s revenue to purchase and burn tokens. He claims this cycle would be more bullish than simply reducing inflation, as cash flows would support holders. As of August 18, no formal proposal had been submitted to Solana’s governance directories, leaving unanswered questions about issuance, the legal buyer, asset ownership, and revenue management. The current governance framework allows validators to signal direction but grants no entity authority to purchase a company on behalf of the protocol. For context, Solana currently burns approximately 648 SOL per day from signature fees, compared to roughly 60,000 SOL of daily inflation.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles