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Helius CEO Secures Last-Minute Votes to Slash Solana Inflation

News.Bitcoin.com
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Helius CEO Secures Last-Minute Votes to Slash Solana Inflation

SGP-0002, which proposed to double Solana’s disinflation rate from 15% to 30%, passed in the nick of time, as Helius CEO Mert Mumtaz resorted to old politics, contacting validators to change their votes after it seemed the proposal would not gather enough support to reach implementation. Solana Barely Passes Double Disinflation Proposal Validators of the […]

Key Takeaways

  1. SGP-0002, which proposed to double Solana’s disinflation rate from 15% to 30%, passed in the nick of time, as Helius CEO Mert Mumtaz resorted to old politics, contacting validators to change their votes after it seemed the proposal would not gather enough support to reach implementation.
  2. Solana Barely Passes Double Disinflation Proposal Validators of the […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.