Big news for Solana (SOL), a type of cryptocurrency! A proposal called SIMD-0228 wants to slow down how much new SOL is created each year. This could make each SOL worth more.
- Many people voted on the proposal, but it's likely to fail.
- If it passed, Solana's inflation (creating new coins) would drop from 4.5% to about 0.87%.
- Some think this would make the price of SOL go up, but others worry it might hurt the network.
| Fact | Number |
|---|---|
| Percent voting yes | 37.8% |
| Percent voting no | 18.5% |
| Inflation reduction (if passed) | 80% |
| Current inflation rate | 4.5% |
| New inflation rate (if passed) | 0.87% |
