Solana SIMD-0228 proposal currently has a support rate of 12.4% and an opposition rate of 3.4%.

On March 10th, according to on-chain data, Solana's SIMD-0228 proposal currently has a support rate of 12.4%, an opposition rate of 3.4%, and an abstention rate of 0.7%. If the proposal is passed, it will be gradually implemented over 50 epochs with the goal of significantly reducing inflation (potentially reducing it by 70%-80%, for example, from 4.5% to a minimum of around 0.87%).

The proposal suggests a major adjustment to the token issuance model of the Solana blockchain. Specifically, the proposal aims to change the inflation model of the SOL token from the current fixed rate to a dynamic market mechanism linked to the staking participation rate. The goal is to optimize Solana's monetary policy by dynamically adjusting the inflation rate based on the staking percentage of SOL, thereby enhancing the flexibility and efficiency of the network economy.