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Market
Adoption of Solana's fee model by other blockchains within 1 year
5
Resolution / Starting Odds
Several major blockchains adopt similar model • 25%
Few minor blockchains adopt similar model • 25%
No significant adoption • 25%
Reversal or modification of SIMD-0096 • 25%
Blockchain industry news and reports
Story
Solana Community Approves SIMD-0096 Proposal with 77% Vote for Full Priority Fees Allocation
May 28, 2024, 03:38 AM
The Solana community has voted on a significant proposal, known as SIMD-0096, which reallocates 100% of transaction priority fees to validators. This marks a departure from the previous system where fees were split 50/50 between burning and rewarding validators. The vote concluded with 77% of participants in favor of the change, after a voting period of two days. The decision is seen as potentially increasing the inflation rate of SOL, which has raised concerns among critics about its long-term impact on the network.
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Similar markets
Increased Security • 33%
Decreased Security • 33%
No Change in Security • 34%
Yes • 50%
No • 50%
Significant Increase • 33%
Moderate Increase • 34%
Decrease • 33%
Increase in Validators • 50%
Decrease in Validators • 50%
High Approval • 25%
Moderate Approval • 25%
Low Approval • 25%
No Change in Approval • 25%
Bitcoin outperforms Ethereum • 25%
Ethereum outperforms Bitcoin • 25%
Solana outperforms both • 25%
All perform similarly • 25%
Increase in active validators • 33%
Decrease in active validators • 33%
No change in active validators • 34%
Price Increase • 33%
Price Decrease • 33%
Price Stability • 34%
Increase in Fees • 50%
Decrease in Fees • 50%