Solana2026-08-27 12:28:46Solana proposal to double deflation reaches quorum with 27 hours leftA Solana proposal that would double the network’s deflation rate has already reached quorum with 27 hours remaining before voting closes, according to SolanaFloor. Current participation stands at 33.84%, with 25% of votes cast in favor. If approved, the proposal would raise Solana’s deflation rate to 30%. SolanaFloor said that change could reduce SOL issuance by about 18.9 million tokens over the next six years. Based on the current price referenced in the report, that amount is worth roughly $1.47 billion. The update points to active participation in the vote ahead of the deadline, while the final outcome still depends on how voting develops over the remaining 27 hours.890
Gnosis2026-08-10 14:08:31GnosisDAO Proposes Spinning Off Gnosis App Into Independent CompanyGnosis has opened a governance vote on whether to spin off Gnosis App into a separate company managed by the original team. The proposal, dubbed GIP-152, is now live on Snapshot. Under its terms, GnosisDAO would invest $1.5 million in cash and contribute $1 million in products and intellectual property, resulting in a combined $2.5 million position in the SAFE protocol. This translates to a post-money valuation cap of $10 million, and in return the DAO would secure at least 25% equity. The new company would take over the Gnosis App's product and IP. The app is currently built on the Circles protocol and focuses on decentralized payments for users in Europe. According to the proposal, operating independently will help the product develop faster and get closer to product-market fit (PMF), a model that has been validated by other Gnosis-incubated projects like CoW and Safe. Voting is scheduled to end at 22:19 on August 12, with a quorum requirement of 75,000 votes. As of this writing, the vote has reached roughly 13.2% of the quorum, with 65.93% of ballots in favor.2000