VanEck executives: The combined effect of SIMD 096 and 0228 proposals is expected to reduce annual SOL selling pressure to $1.1 billion

Odaily Planet Daily News VanEck Digital Asset Research Director Matthew Sigel wrote on the X platform, "It is estimated that the combined effect of the SIMD 096 and SIMD 0228 proposals will reduce the annual selling pressure of SOL by 677 million to 1.1 billion US dollars. Although SIMD 096 increased tax-related selling pressure by canceling the 50% priority fee destruction mechanism, SIMD 0228 is expected to completely offset this effect." It is reported that Solana's SIMD 0228 proposal is now open, aiming to shift SOL issuance to a market-driven model. The proposal sets a target staking rate of 50% to enhance the security and decentralization of the network. If more than 50% of SOL is staked, the issuance will be reduced, thereby suppressing further staking by reducing the yield; if less than 50% of SOL is staked, the issuance will increase to increase the yield and encourage staking. The minimum inflation rate will be 0%, while the maximum inflation rate will be determined based on Solana’s current emission curve.