The support rate for the Solana SIMD-228 proposal currently stands at 35.7%, with an opposition rate of 17.2%

News on March 13, according to on-chain data, the current support rate for Solana's SIMD-0228 proposal has reached 35.7%, with an opposition rate of 17.2% and an abstention rate of 1.2%. If the proposal is passed, it will be gradually implemented within 50 epochs, aiming to significantly reduce inflation (possibly by 70%-80%, for example from 4.5% down to a minimum of about 0.87%).

The proposal suggests major adjustments to the token issuance model of the Solana blockchain. Specifically, it hopes to change SOL token's inflation mode from its current fixed rate to a dynamic market mechanism linked with staking participation rates. The aim is to optimize Solana's monetary policy by dynamically adjusting inflation rates based on SOL's staking ratio, thereby enhancing network economy flexibility and efficiency.