Крупный держатель Solana: улучшение токеномики для устойчивости и привлечения институциональных инвесторов Translation: Major Solana Holder: Tokenomics Revamp for Stability and Attracting Institutional Investors

DeFi Development Corp. (DFDV) has endorsed proposal SIMD-0411, which aims to accelerate the deflationary process of Solana. This makes the company the first among major treasuries to publicly approve adjustments to the network’s monetary policy.

Helius Labs unveiled the initiative on November 22. The proposal suggests doubling the rate of annual inflation reduction from 15% to 30%, facilitating a target inflation rate of 1.5% to be achieved in just three years instead of six. During this timeframe, the issuance will decrease by 22 million SOL (approximately $3 billion at the time of writing).

DFDV believes that Solana has «matured» beyond its startup phase and no longer requires the aggressive incentivization of validators through high yields. The firm pointed to improvements in key network metrics:

Supporters of the initiative argue that reducing inflation will strengthen SOL’s status as an institutional-grade asset and enhance its appeal to ETF issuers. A lower issuance will also alleviate selling pressure for those needing to meet tax obligations.

A decrease in the base staking rate is expected to drive activity in the DeFi sector, making lending and liquidity provision more competitive.

DFDV acknowledged the associated risks of this change. Reduced rewards could complicate validator economics and might result in some nodes being turned off. Additionally, there may be a decline in returns from staking products and temporary market volatility.

Nonetheless, company representatives are confident that the long-term benefits outweigh potential drawbacks.

DFDV currently holds 2.19 million SOL (around $298 million).

The firm ranks third among the largest corporate holders of the token, holding 0.35% of the total supply.

Over the past month, the price of SOL has decreased by 31.7%, reaching $135.61.

Forward Industries, the largest corporate holder, is facing unrealized losses of $647.3 million.

Upexi is also in the red with losses of $31.9 million.

DFDV still maintains an unrealized profit of about $61.64 million.

To recall, on November 18, trading began for spot ETFs based on Solana from Fidelity and Canary Capital on the NYSE Arca and Nasdaq, respectively.

On November 24, American spot SOL ETFs recorded a net capital inflow for the 20th consecutive day.