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The proposal to significantly reduce Solana's inflation didn’t pass. Multicoin Capital’s Tushar Jain, one of the authors of the SIMD-228 proposal, explains why it failed and what it means for the future of Solana.
The Solana ecosystem just completed a critical governance vote. SIMD-228, a proposal to tie Solana’s inflation rate to its staking participation rate, was put forward by Multicoin Capital and Anza, but despite a majority voting in favor, it failed to meet the required supermajority to pass.
Tushar Jain, co-founder and managing partner at Multicoin Capital, who co-authored the proposal, joins the show to discuss:
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