9h ago
Solana Proposal SIMD-0411 Targets 1.5% Inflation by 2029, Cutting 22.3 Million SOL
Solana stakeholders are reviewing proposal SIMD-0411, which would accelerate the network's inflation reduction timeline. The plan seeks to double the annual inflation decrement rate from 15% to 30%, potentially reaching the 1.5% target by early 2029 instead of 2032. If approved, the adjustment would reduce token issuance by approximately 22.3 million SOL over six years, valued at around $2.9 billion at current prices.