Altcoins News
By Pankaj K
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Governance Can't Actually Do This Yet. Solana's governance setup is built for protocol changes. It's not built for corporate acquisitions.
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The Supply Math and the Burn Gap. Here's the part that stings for holders. If freshly minted SOL goes to a seller, total supply goes…
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What's Actually Missing. Pretty much everything operational. No target company. No legal buyer identified.
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Anatoly Yakovenko floated a pretty wild idea. The Solana co-founder wants to expand SOL's total supply, use the new tokens to acquire a company, then run that company's revenue…
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He put the concept out on August 15, framing it as something more useful than just trimming inflation.
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Mert Mumtaz, CEO of Helius, basically laughed at the logistics. His take — sarcastic, but not wrong — was that getting validators to agree on how to run a company would be a…
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The Solana Foundation sits in Zug. Solana Labs operates separately. Neither is clearly positioned in the governance materials as a buyer or operator for any acquisition.
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Read also: Capital B Pushes Bitcoin Treasury Past 3,145 BTC With Latest 5-Coin Buy
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The fee-burn data sitting in a separate proposal — SIMD-0553 — gives some rough scale. Solana burns around 648 SOL per day from signature fees.
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And without a formal proposal that covers both the governance side and the legal side simultaneously, control over the whole thing stays unresolved.
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Yakovenko's concept isn't obviously bad. Returning value to SOL holders through a revenue-generating acquisition is at least creative.
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More context: Treasury Yields Hold Flat as Gulf Risk and Soft Inflation Pull in Opposite Directions
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SIMD-0553 puts daily burns at 648 SOL against 60,000 SOL of daily inflation.
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