Sol Strategies expands validators, backs Solana governance in March update

SOL Strategies significantly expanded its role in the Solana ecosystem by acquiring three validators, including Laine and Stakewiz.com. This acquisition aligns with their strategy to enhance validator efficiency, achieving 99.955% uptime with an average annual percentage yield (APY) of 7.41% for its delegators.

The company actively supported a key governance proposal aimed at reducing Solana’s inflation from 4.5% to 0.87%. Despite securing 61.4% support from validators, it ultimately fell short of the two-thirds majority required for adoption.

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