Lead story · Rails
Solana Governance Proposal SGP-0003 Aims to Increase Daily SOL Burns
A new Solana governance proposal, SGP-0003, bundles a transaction fee structure overhaul with an accelerated disinflation schedule to increase daily SOL burns.
- Solana proposal SGP-0003 bundles a transaction fee structure overhaul with an accelerated disinflation schedule.
- The proposal aims to increase daily SOL burn rates significantly if validator support threshold requirements are met.
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What happened
A new Solana governance proposal, SGP-0003, bundles a transaction fee structure overhaul with an accelerated disinflation schedule to increase daily SOL burns.
Why it matters
Solana proposal SGP-0003 bundles a transaction fee structure overhaul with an accelerated disinflation schedule.
What to watch
The proposal aims to increase daily SOL burn rates significantly if validator support threshold requirements are met.
24h breadthMixed · 53/100
Lower50 = flatHigher
Tracked assets were close to neutral overall.
Breadth starts at 50, adds three points for each 1% of average 24-hour movement across the tracked assets, and is capped between 0 and 100.BTC$64,163.00+0.90%
BTC was 0.90% higher than the provider quote 24 hours earlier. Snapshot: 10:42 UTC.ETH$1,872.97+0.80%
ETH was 0.80% higher than the provider quote 24 hours earlier. Snapshot: 10:42 UTC.SOL$74.03+1.00%
SOL was 1.00% higher than the provider quote 24 hours earlier. Snapshot: 10:42 UTC.CoinGecko snapshot at 10:42 UTC. Prices and 24-hour moves refresh automatically without rerunning the newsroom.
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Procedural matters related to the ongoing CR would explain why Leader Thune didn’t file cloture on the motion to proceed to the Clarity Act this evening, though not having the votes and major issues still being debated likely also factored in. Once the procedural matters on the CR are resolved, it leaves room for Thune to file cloture as soon as tomorrow (increasingly the expectation), which would put a potential Clarity Act vote on the schedule 30 hours after he files. Again, how this all shakes out is anyone’s guess given the bill’s outstanding issues, which include the lack of a bipartisan ethics agreement (still silence from the White House) and disagreements still brewing over the BRCA, but I’m hearing from a lot of folks that at this point there’s also a desire just to get members on the record, even if the bill fails.
'They were trading at five times different price because the token does not really represent the shares.' 📉 @carlosdomingo on the offshore derivative that got a Netflix stock split wrong. A vivid example of why 'tokenized stock' isn't always the real thing. https://t.co/Lfz163NSUn
Timing of this proposal is at best unfortunate, and at worst highly erosive of Ethereum governance practices.
Reviewed through 10:42 UTC · editorial order, not engagement rank
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This panel compares each provider quote with the quote 24 hours earlier. Editorial stories remain in the Editor-in-Chief’s priority order instead of being repeated or pulled into this fixed data region.
Mixed · breadth 53/100. A score of 50 means the tracked assets were flat on average.
24-hour price changeLatest · 10:42 UTC
BTC$64,163.00
+0.90%BTC was 0.90% higher than the provider quote 24 hours earlier. Snapshot: 10:42 UTC.ETH$1,872.97
+0.80%ETH was 0.80% higher than the provider quote 24 hours earlier. Snapshot: 10:42 UTC.SOL$74.03
+1.00%SOL was 1.00% higher than the provider quote 24 hours earlier. Snapshot: 10:42 UTC.Exact percentages are printed beside every row; color is supplemental.
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