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Solana proposes to advance the supply tightening programme: SOL destruction per day or from $47,000 to $650,000

On 5 August, according to information, the community of Solana is advancing two governance proposals aimed at tightening the supply of coins by reducing the new distribution of SOL and increasing the destruction of network fees. Of these, the governance proposal SIMD-0553 proposes the introduction of a mechanism for transactional fees based on resource consumption, which is based on fees charged for the network resources that are being traded, and it is expected that the daily destruction of SOL will increase from approximately 650 (approximately $47,000) to between 7500 and 9,000 (approximately $650,000) per day. Another proposal, SIMD-0550, plans to double the annual rate of inflation decline in SOL, bringing the minimum inflation target of 1.5 per cent forward to 2029 rather than 2032 as originally planned. The programme anticipates a reduction of approximately 18.9 million SOL issuances over the next six years, valued at approximately $1.36 billion at current prices. Currently, two proposals have been partially validated. As of the latest data, there were approximately 24,940,000 SOLs participating in signal voting, representing 5.8 per cent of the 43,265,000 pledged SOLs, leaving a gap of approximately 3,99.5 million SOLs at the 15 per cent threshold required to enter the formal voting phase. The support signal deadline is 18 August. There are currently 16 certification nodes expressing support, of which the infrastructure company Helius contributes approximately 1.63 million SOLs, or nearly two thirds of the current support. However, even if SIMD-0553 were successfully implemented, SOL would not be immediately deflationary. Based on a maximum of 9,000 destroyed daily, it remains below the current level of about 60,000 new daily distributions. As a result, communities have moved forward with two reforms, the destruction mechanism and the reduction of circulation. If the proposal is supported by sufficient validation nodes, the Solana network will improve the long-term currency economic model through the dual mechanism of "reduce new supply plus increase destruction"。

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