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Wu Blockchain (@WuBlockchain): As of Epoch 755, the SIMD-0228 proposal did not reach the required two-thirds (66.67%) approval threshold, with the final approval rate at 61.39%. Amo…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

As of Epoch 755, the SIMD-0228 proposal did not reach the required two-thirds (66.67%) approval threshold, with the final approval rate at 61.39%. Among the votes, 43.6% were in favor, 27.4% against, and 3.3% abstained. A total of 910 validators participated, representing 74% of the staking/voting weight. The proposal aimed to establish a 50% target staking rate, dynamically adjusting SOL issuance to either discourage or encourage staking in order to enhance network security and decentralization. simd-votes.stakingfacilities.com

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