The Solana community voted to approve the proposal to "allocate 100% priority fees to validators"
2024-05-28 00:22:38
According to the official governance page, the Solana community has voted to approve a proposal to allocate 100% of the priority fee to validators to replace the current structure of 50% destruction and 50% reward. The vote was terminated at the end of the 620 epoch, with 51.17% stake participation, and finally passed with 77.77% approval.
Previously, Tao-Stones released a "Proposal to Enable Full Priority Fee Rewards for Validators on Solana Mainnet-beta" on the Solana Developer Forum, proposing to adjust the priority fee structure to reward 100% of the priority fee to validators to ensure that validators have the appropriate incentives to prioritize the security and efficiency of the network.
Tao-stones, the initiator of the discussion, said that the implementation of this proposal requires the use of feature gates. While the payment structure for transaction submitters will not change, the software that includes this proposal will allocate a larger percentage of fees to validators than previous versions. Therefore, feature gates are essential to ensure a smooth transition to the new feature at the epoch boundary for all validators, thus maintaining consensus.