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Solana community votes on supply cuts and token burn proposals

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Three competing proposals to adjust Solana's tokenomics have all cleared the required quorum in an ongoing community vote. A plan to reduce the rate of new SOL issuance is currently leading but holds only a narrow majority. A separate proposal calling for a significant daily token burn of around $800,000 worth of SOL has yet to reach the two-thirds threshold needed for approval. The votes reflect growing community debate over how best to manage SOL's circulating supply and long-term value. No final decisions have been reached as voting remains active.

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Solana community votes on supply cuts and token burn proposals · ShortSingh