According to the provided update, the Solana Foundation Delegation Program’s share of Solana network stake dropped from 11% to 5% over the past year, while supported validators declined faster than non-supported validators.
The Solana Foundation Delegation Program, which delegates stake to help support validators on the Solana blockchain, saw its share of total network stake fall by more than 50% over the past year, declining from 11% to 5%, according to the provided update. The same update said validators supported by the program fell 59%, compared with an 8% decline among validators outside the program. In proof-of-stake networks, delegated stake can help validators remain active and secure the network, so a drop in foundation-backed stake may indicate a smaller relative role for foundation support as the validator set changes.