Solana Developer Proposes Increase in Staking Reward Reduction Rate

According to ChainCatcher, a researcher from the Solana developer platform Helius, known as Lostintime101, proposed on November 21 to increase the annual reduction rate of Solana staking rewards from 15% to 30%. This measure aims to prevent the issuance of nearly $3 billion in new SOL tokens. The proposal highlights that the current annual reward rate of 6% is excessively high compared to Ethereum's 3%, leading to increased inflation and selling pressure, as some stakers need to sell tokens to pay taxes. A similar proposal in March this year received 61% support but failed to meet the 66 source: https://www.binance.com/en/square/post/32840412645601?utm_source=BinanceNewsRSS