$SOL once again brings an interesting story about tokenomics. 👀
If SIMD-553 passes, daily burning of $SOL could theoretically grow from about 600–800 to 7,500–9,000 SOL.
That is more than 10x.
And SIMD-550 proposes to speed up the reduction of inflation: the path to a target inflation of 1.5% could be shortened from about 5.7 to 2.8 years.
Taken together, these changes could reduce issuance by roughly $1.4–1.5 billion over six years.
But there’s a caveat.
This doesn’t mean it will suddenly become deflationary. Even with 9,000 SOL burned per day, current inflation still creates more new coins.
On the plus side, the direction is quite interesting:
less new issuance → more burning → less pressure from supply.
If these changes really go through, $SOL will gain yet another strong fundamental argument.
Tokenomics is gradually becoming even more interesting. 👀
If SIMD-553 passes, daily burning of $SOL could theoretically grow from about 600–800 to 7,500–9,000 SOL.
That is more than 10x.
And SIMD-550 proposes to speed up the reduction of inflation: the path to a target inflation of 1.5% could be shortened from about 5.7 to 2.8 years.
Taken together, these changes could reduce issuance by roughly $1.4–1.5 billion over six years.
But there’s a caveat.
This doesn’t mean it will suddenly become deflationary. Even with 9,000 SOL burned per day, current inflation still creates more new coins.
On the plus side, the direction is quite interesting:
less new issuance → more burning → less pressure from supply.
If these changes really go through, $SOL will gain yet another strong fundamental argument.
Tokenomics is gradually becoming even more interesting. 👀
