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Solana’s governance process reached a milestone with proposals SIMD-228 and SIMD-123 sparking intense debate. SIMD-228 failed to pass with 61.39% approval, preserving the current staking reward structure. SIMD-123 passed with 74.91% approval, potentially reshaping validator incentives. Record turnout saw 74.3% participation in SIMD-228, setting new governance engagement benchmarks.
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