The proposal by Solana developers to cut $3 billion in staking rewards has sparked controversy

According to DLnews, Helius researcher Lostintime101 proposed on November 21 to increase the annual reduction rate of Solana staking rewards from 15% to 30%, a move that would prevent the issuance of nearly $3 billion in new SOL tokens. The proposal points out that the current 6% annual reward is too high (Ethereum only offers 3%), and high inflation increases selling pressure, forcing some stakers to sell tokens to pay taxes.

A similar proposal received 61% support in March this year but failed to reach the 66.67% threshold. Opponents are concerned that reducing rewards will harm decentralization and make validation nodes unprofitable. The number of Solana validation nodes has dropped from 2,500 at the beginning of 2023 to currently less than 900, a decline of 64%. The proposer estimates that in three years, only 84 validation nodes would become unprofitable, resulting in limited impact.