The proposal aims to introduce a dynamic system where SOL emissions depend on staking participation. If more users stake their tokens, emissions would decrease. If fewer users participate, emissions would rise. The plan sets a target staking rate of 50%, with inflation capped at 1.5% and a minimum rate of 0%.
Multicoin Capital’s Tushar Jain, Vishal Kankani, and Anza’s Lead Economist Max Resnick authored the proposal. They believe this system will improve Solana’s sustainability and reduce sell pressure.
Solana co-founder Anatoly Yakovenko supports SIMD-0228, while Helius Labs CEO Mert Mumtaz praised the community’s open discussions around the proposal. However, not everyone agrees with the plan.
Matthew Sigel from VanEck pointed out that smaller validators could struggle under the new system. Running a Solana validator costs around $64,000 per year, and only 458 of 1,323 validators have enough stake to stay profitable.
Critics fear the proposal could favor large stakers, potentially harming Solana’s decentralization. Despite the concerns, many believe the proposal could make SOL more valuable in the long run by reducing inflation and sell pressure.
