Kraken tips Solana’s razor-thin inflation vote

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Solana’s SGP-0002 proposal to double the disinflation rate from 15% to 30% passed with precisely 67% of votes, just 0.33 percentage points above the required two-thirds threshold. Crypto exchange Kraken was decisive, reversing its vote at the last moment: its validator « Kraken 2 » staked 8.9 million SOL with 90.34% in favor. Without Kraken’s votes, the proposal would have failed at approximately 63.9%, below the 66.66% threshold. The decision is expected to reduce new SOL creation by roughly 18.9 million tokens over six years and move the timeline to reach the 1.5% terminal inflation rate from 2032 to around 2029.

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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.

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