Solana Aims for Market-Driven SOL Issuance Model with New Proposal

A new proposal from Solana, dubbed SIMD-0228, is open for review as the blockchain platform moves toward a market-driven method of SOL issuance. As per reports from Cointelegraph on February 26th, this move will involve voting on the proposal in approximately ten days. The proposal outlines a target staking rate of 50% to enhance network security and decentralization. If more than half of SOL is staked, the issuance will decrease to limit yields, deterring further staking. Conversely, if less than half of SOL is staked, the issuance will increase to encourage higher yields and incentivize greater staking activity.