Solana validators approve 100% allocation of priority fees, ending 50/50 burn split
Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators. The proposal, known as SIMD-0096, passed with 77% approval. It aims to address perceived flaws in the current system and align incentives for network security and efficiency. Validators such as Everstake, Jito, Helius, Stakehaus, Leapfrog, Bonk, Solend, and Pico.sol supported the change.
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