Crypto : Solana votes to create less SOL, but refuses to burn more

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SOL holders have approved two out of three governance proposals submitted to on-chain voting. The governance constitution receives 95.35% support, while accelerating disinflation to 30% per year clears the two-thirds threshold with 68.77%. However, the daily burn mechanism of 7,500 to 9,000 SOL, representing up to $800,000 per day, is rejected at 62.72%. These results highlight the conflict between reducing supply to support the price and preserving validator and staker revenues, whose yield would drop from 5% to under 2.5%.

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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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