Solana Network Governance Approves Increased SOL Rewards for Validators

Tuesday, 28 May 2024, 07:11

The Solana network governance has voted in favor of granting validators the full priority fee amount per transaction, with over 77% approval rate. This change is expected to incentivize network security and ensure efficiency in transaction processing. With increased SOL rewards, validators are likely to see greater participation and dedication to maintaining the Solana network's integrity and performance.
CoinDesk
Solana Network Governance Approves Increased SOL Rewards for Validators

Solana Validators Receive Increased SOL Rewards

Over 77% of Solana governance participants voted in favor of giving validators the full priority fee amount per transaction. This decision aims to incentivize network security and enhance transaction processing efficiency.

Key Points:

  • SOL Rewards Increased: Validators to receive full priority fee per transaction.
  • Network Security Incentives: Aim to enhance security measures.
  • Efficiency Boost: Expected improvement in transaction processing speed.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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