Anatoly Yakovenko Calls for New SOL Disinflation Efforts

Anatoly Yakovenko Calls for New SOL Disinflation Efforts

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by Son Min-ho

5 months ago

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Anatoly Yakovenko, cofounder of the Solana blockchain, is advocating for a renewed effort to enhance the disinflation of the SOL token. This call to action follows a recent discussion on GitHub that proposed a novel approach to Solana's tokenomics, aimed at improving the current burn rate of SOL. According to the results published in the material, these changes could significantly impact the token's value and stability.

Proposal for Resource-Based Base Fee

The discussion was sparked by pseudonymous researcher Dr. Cavey, who suggested the implementation of a resource-based base fee that would be entirely burned. This proposal seeks to address the inadequacy of the current burn rate, which does not effectively reflect the network's activity levels.

Potential Impact on SOL Burn Rate

If adopted, the new mechanism could potentially elevate the daily SOL burn from around 648 SOL to a range between 1,080 and 6,480 SOL, depending on the types of transactions processed. However, there are concerns about whether this increase would be enough to offset the ongoing inflation of SOL, which currently sees approximately 60,000 SOL entering circulation each day.

Recently, as Anatoly Yakovenko pushes for changes in Solana's tokenomics, investors are increasingly recognizing Solana as a key financial asset. For more insights on this trend, read more.

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