Solana Validators to Receive Boost in SOL Rewards following Fee Proposal Approval

Tuesday, 28 May 2024, 07:11

The recent decision to grant Solana validators the full priority fee amount per transaction has been approved with an overwhelming majority. Over 77% of Solana governance participants voted in favor of the proposal, signaling a positive outcome for the validators. This move is expected to incentivize validators and enhance the overall network security and efficiency.

https://store.livarava.com/a1b5bdf5-1f31-11ef-a3f1-9d5fa15a64d8.jpg — Solana Validators to Receive Boost in SOL Rewards following Fee Proposal Approval

Key Points:

Over 77% of Solana governance participants supported granting validators the full priority fee per transaction.

Benefits:

Increased rewards for validators
Enhanced network security and efficiency

Overall, this decision is expected to positively impact the Solana ecosystem by incentivizing validators and strengthening network operations.

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.

Key Points:

Benefits:

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