A new vote on Solana could materially change how fast SOL supply expands. According to CoinDesk, two of the network’s three proposals would curb supply growth by accelerating the decline in Solana’s inflation rate. The same proposals would also increase the amount of SOL burned through daily fees, taking that figure from roughly 650 SOL to as much as 9,000 SOL per day. CoinDesk said the higher burn level could amount to about $800,000 in daily SOL burns. The proposals are part of a broader governance process now under consideration on the network. Based on the information available in the summary, the vote centers on supply dynamics, with the main changes tied to faster inflation reduction and a larger share of SOL being removed from circulation through fee burns.
A new Solana vote could increase daily SOL burns to $800,000 and slow the creation of new tokens, according to CoinDesk.
CoinDesk said two of the three proposals would reduce SOL supply growth by speeding up the decline in Solana’s inflation rate. Those proposals would also raise daily fee burns from about 650 SOL to as much as 9,000 SOL.
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