Solana Co-Founder Says SIMD-0228 Would Probably Pass as SOL Issuance Debate Returns

Solana co-founder Anatoly Yakovenko says SIMD-0228 would likely pass now, while Helius chief executive Mert criticizes validators who previously opposed reducing SOL issuance to preserve rent-related income.

SOL

Summary

Debate over SOL issuance on Solana has resurfaced around SIMD-0228, a governance proposal described in the sources as seeking to reduce token issuance. Solana co-founder Anatoly Yakovenko said the proposal would "probably pass now," suggesting support may have shifted since earlier discussion. Separately, Helius chief executive Mert criticized validators who voted against the proposal, saying they opposed lower issuance to keep collecting rent. The sources do not provide voting totals, the proposal’s final status, or detailed implementation mechanics, but the issue is significant because issuance affects inflation, staking rewards, and validator economics.

Terms & Concepts
  • Validator: A network operator that helps verify transactions and maintain a blockchain, often earning rewards or fees for participating.
  • SOL issuance: The process and policy governing how new SOL tokens are created and added to circulation on the Solana blockchain, affecting inflation, staking rewards, and supply dynamics.
  • Governance proposal: A formal proposal used to suggest and vote on changes to a blockchain network’s rules or economics.