New Proposal Could Slash Solana’s Inflation Timeframe by Almost 3 Years

A proposed change for the Solana blockchain, dubbed SIMD-0411, aims to drastically accelerate inflation reduction. This plan would cut the time needed to reach Solana’s long-term 1.5% inflation rate down from over six years to around three years. Currently, rewards decline at a rate of approximately 15% each year. SIMD-0411 proposes increasing this speed to 30%. No new features or mechanisms are added; the system simply operates at twice the current pace. If adopted, Solana could reach its 1.5% inflation target by early 2029 instead of around 2032. This would save the network roughly 3 years in achieving long-term stability.