Solana Cofounder Advocates For Decisive Governance As SIMD-228 Proposal Fails

Quick Summary:

Following the failed bid of a proposal to change network tokenomics, Solana cofounder Anatoly Yakovenko has reiterated the need for decisive governance.

Yakovenko argues that failing fast will do more for Solana than a slew of proposal approvals.

The SIMD-0228 sought to change Solana’s tokenomics by introducing a dynamic inflation model, moving away from the network’s fixed inflation schedule.

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Article Details

Author / Journalist: Aliyu Pokima

Category: Crypto

Markets: India

Topics: Altcoin News 24/7 Cryptocurrency News Solana (SOL) SOL price Anatoly Yakovenko

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-16 @ 02:02:40 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 359 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27036944

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