VanEck executive: The combined effect of SIMD 096 and SIMD 0228 is expected to reduce SOL's annual throw pressure by $677 million to $1.1 billion.

BlockBeats news, on March 5th, VanEck’s Director of Digital Asset Research, Matthew Sigel, stated that ‘The combined effects of SIMD 096 and SIMD 0228 are estimated to reduce SOL’s annual loan-to-value by 677 million to 1.1 billion USD. Although SIMD 096 increased loan-to-value related to taxes by eliminating the 50% priority fee destruction mechanism, SIMD 0228 is expected to completely offset this impact.’ Previously reported, Solana’s SIMD 0228 proposal is now open, aiming to transition SOL issuance to a market-driven model. A vote is expected to take place in about 10 days. The proposal sets a target stake rate of 50% to enhance network security and Decentralization. If over 50% of SOL is staked, the issuance amount will decrease, thereby suppressing further stake through drop yield; if less than 50% of SOL is staked, the issuance amount will increase to raise yield and encourage stake. The minimum inflation rate will be 0%, while the maximum inflation rate will be determined based on Solana’s current issuance curve.