Solana core development team Anza said the second feature gate in proposal SIMD-0437 is scheduled to go live on the beta mainnet at 5:15 on Sept. 12 during epoch 1033. Once activated, rent per byte will fall from 6,333 lamports to 5,080 lamports. Anza said that would bring the cumulative reduction in rent to 27% from the initial level.
SIMD-0437 contains five feature gates in total and is designed to cut Solana’s per-byte storage cost by 90% overall. After all five are completed, the rent figure would move from 6,960 lamports to 696 lamports. Anza also said the rent-exempt deposit for token accounts would drop from about $0.16 to about $0.016.
The team added that there is no fixed schedule between stages. According to Anza, the third feature gate will only be activated after the safety of state growth is confirmed. If needed, proposal SIMD-0438 can be used as a rollback mechanism.
Solana core development team Anza said the second feature gate in proposal SIMD-0437 will be activated on the beta mainnet at 5:15 on Sept. 12 during epoch 1033. After it goes live, rent per byte will be reduced from 6,333 lamports to 5,080 lamports.
Based on the figures shared by Anza, that step will bring the cumulative decline in rent to 27% from the initial level.
Five feature gates target a 90% cut in storage cost
SIMD-0437 includes five feature gates in total. The proposal is intended to reduce Solana’s per-byte storage cost by 90% overall.
Once all five gates are completed, the lamports amount will fall from 6,960 to 696. The rent-exempt deposit for token accounts would also drop from about $0.16 to about $0.016.
No fixed timeline for the third gate
Anza said there is no fixed schedule between the stages. The third feature gate will only be activated after the safety of state growth has been confirmed.
If necessary, proposal SIMD-0438 can serve as a rollback mechanism.
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