A new Solana proposal aims to ramp up daily SOL Burns from $47,000 to $650,000
CoinDesk·
60-second summary
A new Solana proposal, SGP-0003, seeks to significantly boost daily SOL burns from $47,000 to $650,000 by bundling a fee overhaul with a doubling of the disinflation rate. To reach a vote, it requires 40 million more SOL of validator support within the next two weeks, a challenging task that will impact Solana's inflation rate and token supply.
SGP-0003 bundles a fee overhaul with a doubling of the disinflation rate. It needs 40 million more SOL of validator support in two weeks to reach a vote.