Solana developers' proposal to cut $3 billion in staking rewards has sparked controversy.

According to Mars Finance, as reported by DLnews, a researcher from the Solana developer platform Helius, Lostintime101, proposed on November 21 to increase the annual reduction rate of Solana staking rewards from 15% to 30%, which would prevent the issuance of nearly 3 billion new SOL tokens. The proposal pointed out that the current 6% annual rewards are too high (Ethereum only has 3%), and high inflation increases selling pressure, causing some stakers to sell coins 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 validating nodes unprofitable. The number of Solana validating nodes has dropped from 2,500 at the beginning of 2023 to currently less than 900, a decrease of 64%. The proposer estimates that in three years, only 84 validating nodes will be unprofitable as a result, which would have a limited impact.