Nasdaq-listed Solana Company announced on Aug. 21 it would oppose SGP-0002, a proposal to double the annual disinflation rate from 15% to 30% on the Solana network. Q2 results show that $2.512 million out of $2.526 million in total revenue came from staking, representing 99.4% of earnings. The SIMD-0550 model estimates nominal staking yield would move from 5.84% to 4.34% in the first year, with roughly 18.89 million fewer SOL issued over six years. As of Aug. 23, approximately 5.27 million SOL were in favor, representing 90.6% of decisive stake. Solana currently ranks #7 by market cap, up 1.19% over 24 hours.
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