Solana co-founder: Proposes minting SOL with tokenized collateral and imposing a profit tax.

BlockBeats news, October 25: Solana co-founder Toly has proposed a SIMD concept aimed at "making SOL a currency." The idea is that validator stake-weighted oracles could mint SOL based on any tokenized collateral to facilitate transactions and tax the profits generated from such transactions. This concept is currently only for public discussion, with no formal proposal text or implementation timeline yet.

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Solana co-founder: Proposes minting SOL with tokenized collateral and imposing a profit tax.

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