Ignas
Ignas|Aug 28, 2026 09:48
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 busines. So faster disinflation = less SOL issued = lower APY = harder to keep stake, and smaller operators go unprofitable sooner. Solana's DAT 'Solana Company (HSDT)' voted Against, on timing : 'a critical moment for institutional adoption of Solana, and capital markets place heavy emphasis on maintaining consistent rules.' Interestingly, that's main argument that Ethereans were against reducing inflation: rules have to be stable especially as institutions are entering crypto. Although weirdly I don't see much debates from Solana DeFi teams on X. Ethereum's DeFi teams said that lower inflation 'kills DeFi' because staking yield is DeFi's risk-free rate. LSTs and their looping is HUGE revenue stream for them. On Solana, Jupiter (the biggest DeFi voter) voted 100% YES. JupSOL/jtoSOL are my favorite loops on Kamino and Juplend... So obviously, lower inflation will generate lower APY. I don't like it myself lol I guess DeFi isn't that important for Solana as for Ethereum: (it's a trading chain and volume > yield)/ or Solana DeFi is more diversified so a staking APY reduction isn't that relevant?(Ignas)
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