November 7, 2024

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Solana Passes Proposal to Assign 100% of Priority Fees to Validators

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Solana Passes Proposal to Assign 100% of Priority Fees to Validators
Solana Passes Proposal to Assign 100% of Priority Fees to ValidatorsSolana validators have voted to pass Solana Improvement Document number 96 (SIMD-0096), which proposes that 100% of priority transaction fees will be awarded to validators. This breaks the current model that passes only 50% of these funds to validators, while the other half gets burned. According to early estimations, this will increase inflation by 4.6% […]