SIMD-0228 improvement proposal failed to pass the vote, with a voting percentage of less than 66.67%

Foresight News
Foresight News|Mar 14, 2025 00:35
According to Foresight News, Solana's improvement proposal SIMD-0228 did not pass the vote due to 61.39% of the votes being in favor and against, which is lower than the required 66.67%. Among them, 43.5923% of the votes were in favor, 27.4070% were against, 3.2783% were abstentions, and 25.7223% were not voted on. Foresight News previously reported that SIMD-0228 was written by Tushar Jain and Vishal Kankani of Multicoin Capital and supported by Max Resnick, Chief Economist of Anza. The proposal proposes to adjust the SOL issuance rate to a market-based solution. The proposal includes that if the staking rate of SOL exceeds 50%, the issuance will decrease, thereby preventing staking by reducing the yield; If the pledge rate of SOL is lower than 50%, the issuance volume will increase to improve the yield and encourage pledging. The minimum inflation rate is 0%, and the maximum inflation rate will be based on the current Solana issuance curve.
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