🧬#SOL
Solana co-founder Toly expressed support for the SIMD-0228 proposal, which introduces a market-driven mechanism to adjust the total issuance rate based on the staking participation rate using a static curve. Previously, Finality Capital partner David Grider noted that high staking returns negatively impact DeFi yields, increase inflation-driven selling pressure, and reduce ETF demand due to staking rewards.