Solana Token Emissions SIMD-228 Proposal Fails in Validator Vote

The much-hyped proposal would have drastically reduced SOL token inflation over time.

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Solana's SIMD-228 proposal, aimed at changing token emissions, failed to secure the necessary votes, leaving the status quo intact. The outcome also highlights challenges in driving adequate validator participation.

What’s the Scoop?

  • Lower Participation: The SIMD-228 proposal required a 66.67% majority to pass but received only 61.4% of total votes in favor.
  • Voting Breakdown: The vote concluded during Solana Solana Epoch 755 with 43.6% of voters casting 'yes' votes and 27.4% voting 'no'.
  • Token Emissions Remain Unchanged: With the proposal's failure, token emissions on Solana will not be altered as previously proposed.

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