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VanEck executives: The combined effect of SIMD096 and SIMD0228 is expected to reduce SOL annual selling pressure by $677 million to $1.1 billion "

Matthew Sigel, director of digital assets research at VanEck, said,"It is estimated that the combined effect of SIM096 and SIM0228 will reduce SOL's annual selling pressure by $677 million to $1.1 billion. While SIMD096 has increased tax-related selling pressure by eliminating the 50% priority fee destruction mechanism, SIMD0228 is expected to fully offset this impact." It was previously reported that Solana's SIMD 0228 proposal is now open and aims to shift SOL distribution to a market-driven model. A vote is expected in about 10 days. The proposal sets a target pledge rate of 50% to enhance network security and decentralization. If more than 50% of SOL is pledged, circulation will decrease, thereby discouraging further pledges by reducing the yield; if less than 50% of SOL is pledged, circulation will increase to increase yields and encourage pledges. The minimum inflation rate will be 0%, while the maximum inflation rate will be determined based on the current Solana issuance curve.

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