Solana treasury backs ‘double disinflation’ plan amid 30% price decline
DeFi Development Corp became the first Solana treasury to support SIMD-0411, a proposal to speed up emissions cuts as corporate holders face losses.
Solana Digital Asset Treasury (DAT) DeFi Development Corp. (DFDV) expressed its support for a sweeping proposal aimed at accelerating the network’s disinflation schedule.
On Tuesday, DFDV became the first Solana treasury to publicly endorse Solana Improvement Document (SIMD)-0411, a proposal to double Solana’s annual disinflation rate from 15% to 30%, thereby reducing projected future emissions by over 22 million SOL over the next six years.
“This proposal may come as a surprise to some, but its timing makes sense,” DFDV wrote. “The ecosystem has grown increasingly vocal about Solana’s current inflation schedule and its impact on SOL’s price.”