🔴 BREAKING: Solana Governance Votes on Supply Cuts and Token Burns
Solana validators are voting on three major protocol proposals regarding tokenomics.
A plan to reduce new SOL issuance is currently leading by a narrow margin.
The proposal for an $800,000 daily token burn remains below the required 66% support.
#Solana #SOL #CryptoNews #Governance
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Solana validators are voting on three major protocol proposals regarding tokenomics.
A plan to reduce new SOL issuance is currently leading by a narrow margin.
The proposal for an $800,000 daily token burn remains below the required 66% support.
#Solana #SOL #CryptoNews #Governance
Read more
Coindesk
SOL news: Solana’s faster supply cuts lead vote while $800,000 daily burn plan trails
All three proposals have cleared quorum, but a plan to slow new SOL creation is only narrowly passing while a separate vote to sharply increase token burns remains below the two-thirds support needed.