How many Sol does Solana have?

However, the Solana Foundation previously burned 11 million SOL. This reduced the total supply down to around 488,000,000 SOL. While 488,000,000 SOL is often touted as the Solana max supply, its inflation schedule shows this is not the case. With new SOL rewarded as Solana staking yield, Solana’s initial inflation is at 8%.

Is there an upper limit on Solana?

However, as Solana notes, this is an “upper limit on the amount of SOL issued via inflation”, as it does not account for the destruction, or burning, of any SOL. Does Solana have a burn rate? Since Solana is not a deflationary token, the supply of SOL is growing at a predetermined rate.

Does Solana (Sol) have a burn rate?

Does Solana have a burn rate? Since Solana is not a deflationary token, the supply of SOL is growing at a predetermined rate. Solana is built on a new inflation model which adheres to three parameter to maintain its equilibrium A final/long-term inflation rate.

What is Solana’s inflation rate?

This inflation rate will reduce 15% year on year until it settles on what Solana described as its ‘Long-term Inflation Rate’ of 1.5%. According to SolanaBeach, Solana’s total inflation is 4.98% From Solana’s inflation proposal, the total supply of SOL will reach 550,000,000 after two years. By the eighth year, it should hit 700,000,000.