PANews reported on May 28 that, according to The Block, Solana network validators will fully receive priority fees based on the latest SIMD-0096 proposal (with 77% support). The proposal aims to increase validators revenue to incentivize more long network participants. Specifically, validators will receive longer transaction priority fees per block, increasing their revenue. Implementation of SIMD-0096 on Solana Mainnet is expected to take several months.
The proposal received 77% support in on-chain voting by network validators. It gained support from validators such as Jito, Helius, Solend, Everstake, and Stakehaus. However, data shows that it faced opposition from validators such as Step Finance, Triton, and Solana Compass.
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PANews reported on May 28 that, according to The Block, Solana network validators will fully receive priority fees based on the latest SIMD-0096 proposal (with 77% support). The proposal aims to increase validators revenue to incentivize more long network participants. Specifically, validators will receive longer transaction priority fees per block, increasing their revenue. Implementation of SIMD-0096 on Solana Mainnet is expected to take several months.
The proposal received 77% support in on-chain voting by network validators. It gained support from validators such as Jito, Helius, Solend, Everstake, and Stakehaus. However, data shows that it faced opposition from validators such as Step Finance, Triton, and Solana Compass.