Galaxy flipping from Abstain to 58% for YES puts the inflation reduction to passing at 67% FOR.
4 minutes and if it stays like this, the vote will pass!
Kraken just voted AGAINST the $SOL inflation cut with ~12M SOL
If the vote ended now it would fail. YES is at 63.67%, below the 66.7% it needs to pass.
Kraken is a clear example that reduced inflation -> less revenue for them.
3 hours left to vote.
Credit to Solana to at least have onchain voting on inflation reduction.
Ethereum doesn't even have onchain governance.
Although Vitalik wrote that he isn't the fan of 1token 1vote model since it is vulnerable to governance capture.
So... maybe Solana learnt that onchain
Kraken just voted AGAINST the $SOL inflation cut with ~12M SOL
If the vote ended now it would fail. YES is at 63.67%, below the 66.7% it needs to pass.
Kraken is a clear example that reduced inflation -> less revenue for them.
3 hours left to vote.
6 hours left until the $SOL disinflation vote ends.
67.88% YES. Justtt above the 66.7% it needs to pass. Tight!
Not surprising that staking businesses are mostly voting AGAINST:
- @Figment_io 17M,
- @everstake_pool 8M,
- @P2Pvalidator 4.6M.
High inflation is their core
