Solana validators approve 100% allocation of priority fees, ending 50/50 burn split

Assad Jafri

Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators. The proposal, known as SIMD-0096, passed with 77% approval. It aims to address perceived flaws in the current system and align incentives for network security and efficiency. The change in […]

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Solana validators approve 100% allocation of priority fees, ending 50/50 burn split