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RE: LeoThread 2025-03-07 04:21

in LeoFinance8 months ago

I Support 228 Because I Want Solana to Win.

SIMD 228, a proposal to reduce Solana's token emissions, argues that the current system creates significant economic inefficiencies by recycling value from SOL holders back to stakers while exposing participants to substantial tax liabilities and middleman fees. With Solana currently emitting approximately 28 million SOL annually (worth $4.7 billion), reducing these emissions could save the ecosystem $100-400 million per year that otherwise leaks to governments through unfavorable tax treatment where staking rewards face ordinary income rates instead of capital gains.

#technology #crypto #solana #simd228