According to CoinDesk, Solana's SIMD-0228 proposal may lead to a significant decrease in SOL's inflation rate, and as of press time, the proposal has received support from 37.8% of network validators. According to data from Dune Analytics, 746 validators (equivalent to nearly 58% of the total 1334 active validators) have voted on the proposal. 37.8% of people voted in favor of the proposal, 18.5% opposed it, and 1.2% abstained. Overall, as of the time of writing this article, the proposal appears to be on the verge of failure. The voting will end on the 755th Epoch, scheduled to be reached in approximately 11 hours. The proposal advocates a market-based token issuance mechanism to ensure that the network does not pay excessive fees for security, and is expected to have a positive impact on Solana based decentralized finance and promote liquidity in the on chain SOL market. According to some estimates, this proposal may reduce SOL's inflation rate from 4.5% to approximately 0.87%, a decrease of 80%. Tagus Capital expects this to have a positive impact on the price of SOL. The company stated in Thursday's communication, "If approved, it will significantly reduce staking rewards and new SOL supply, which may enhance its value. However, lower rewards may force smaller validators to exit, raising concerns about network decentralization. Nevertheless, lower rewards may force smaller validators to exit, raising concerns about network decentralization