Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
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:
- Why he believes the proposal was necessary
- Whether inflation is too high for Solana’s long-term health
- If some validators voted against their own interests
- The silver lining of the governance process
- Why a smaller proposal focused on fee sharing did pass
- Whether Multicoin Capital will resubmit a revised proposal
Thank you to our sponsors!
EPISODE TRANSCRIPTGuest
- Tushar Jain, Co-founder and Managing Partner at Multicoin Capital
Links
- Unchained: Proposal to Cut SOL Inflation by 80% Fails After ‘Close Call’
- SIMD Vote Status
- Kayuza’s tweet