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Solana lowers required account-storage SOL reserves by about 9%, CryptoSlate reports · Digg

Solana lowers required account-storage SOL reserves by about 9%, CryptoSlate reports

CryptoSlate says eligible account owners can reclaim excess SOL, while the full plan to cut account deposits by 90% remains conditional.

CryptoSlate reports that Solana’s first “rent” cut is live, reducing the SOL reserve required for account storage by about 9%. If the full 90% reduction takes effect, the outlet says stored account data would need to grow tenfold just to keep the same amount of SOL locked.

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Solana lowers required account-storage SOL reserves by about 9%, CryptoSlate reports

CryptoSlate says eligible account owners can reclaim excess SOL, while the full plan to cut account deposits by 90% remains conditional.

CryptoSlate reports that Solana’s first “rent” cut is live, reducing the SOL reserve required for account storage by about 9%. If the full 90% reduction takes effect, the outlet says stored account data would need to grow tenfold just to keep the same amount of SOL locked.

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1 post

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CryptoSlate@CryptoSlate 4 days ago
Solana’s first rent cut is live, reducing the SOL reserve required for account storage by about 9%. If the full 90% reduction takes effect, stored account data would need to grow tenfold just to keep the same amount of SOL locked.
cryptoslate.com
Solana’s plan to cut account deposits by 90% could weaken a reason to hold SOL
Solana rent reduction lowers account deposits and lets eligible owners reclaim excess SOL. The first cut is live; the full 90% plan remains conditional.
- likes: 4
- replies: 0
- bookmarks: 1
- reposts: 0

Combined views

2K

1 post, first seen 4d ago

4 likes1 saves

Posts from X

1 post

CR
CryptoSlate@CryptoSlate 4 days ago
Solana’s first rent cut is live, reducing the SOL reserve required for account storage by about 9%. If the full 90% reduction takes effect, stored account data would need to grow tenfold just to keep the same amount of SOL locked.
cryptoslate.com
Solana’s plan to cut account deposits by 90% could weaken a reason to hold SOL
Solana rent reduction lowers account deposits and lets eligible owners reclaim excess SOL. The first cut is live; the full 90% plan remains conditional.
- likes: 4
- replies: 0
- bookmarks: 1
- reposts: 0