Reached – Earlybirds Invest

Christian journeys in written words began long before the Bitcoin era. In the sacred halls of academia, he hone his craft as a feature writer for university papers. This early love of storytelling paved the way for a successful stint as an editor at a data engineering company. His first month’s essay victory, a testament to his dedication to his furry companions, the victory of his first month’s essay funded the supply of treats for dogs and kittens (more on that);

Christian then roamed the world of journalism, working for Canadian and Korean newspapers. He eventually settled on the local news giant in his hometown of the Philippines for a decade and became a complete news addict. But then something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – just above his alley!

So he landed a killer gig at NewsBTC. There, he is one of the go-to people of everything in code. He breaks this confusing thing down into bite-sized pieces, making it easier for anyone to understand (he pays tribute to his management team to teach him this skill).

Do you think all Christians don’t have work and play? It’s not a chance! When he’s not at his computer, you’ll find him pampering his passion for the bike. A true gearhead, Christian loves to tinker with his bike and enjoy the joys of the road opened with the 320-cc Yamaha R3. Once a Speed Demon hit 120 mph (a feat that he swore not to repeat), he prefers to ride slowly along the coast, thinning his hair and enjoying the wind.

Speaking of cold, Christian has a crew of furry friends waiting for him at home. Two cats and a dog. He swears that cats are far smarter than dogs (sorry, grizzly), but he adores them all anyway. Apparently, seeing his pet just cold helps him write meticulously formatted articles even better.

This is what this guy means. He works a lot, but he’s fueled enough coffee to make it all day – and some seriously delicious (Filipino) food. He says tasty meals are the secret ingredient in killer articles. And after a long day of code crusades, he relaxes with some rum (mixed with milk) while watching a slapstick movie.

Looking ahead, Christian looks at a bright future with NewsBTC. He says that his expertise and passion are privileged to share with fellow editors and bosses, share what he respects deeply, and share his expertise and passion.

So next time you step into the world of cryptocurrency, remember the man behind the words that the Cryptocratic Crusades, Grease Monkeys, and the Cat Philosopher all rolled into one.

What Is Solana’s SIMD 228?

At its core, SIMD 228 seeks to implement a “static curve” that adjusts SOL issuance according to the network’s staking participation rate. Under the proposed system, if today’s stake ratio of 64% remains constant, SOL inflation would drop to about 0.92% following a specified smoothing period. However, the curve becomes more aggressive if the staking ratio dips below 50%, with the issuance rate exceeding the current fixed schedule if participation were ever to reach 33.3%.

“The fixed emission schedule made sense when Solana was a nascent ecosystem… Today, it emits more SOL than is necessary to secure the network,” note the proposal’s original authors, including Tushar Jain and Vishal Kankani. The idea is that Solana’s economic activity—its “Real Economic Value” (REV)—no longer justifies a higher fixed rate of token issuance.

There are a few arguments for the proposal. First, Solana might be overpaying for security. As presented by the proposal’s authors, Solana is likely issuing more tokens than necessary to compensate validators. Back when Solana had lower economic activity, the need for robust incentives was clear. Now, with more real transaction fees supporting the network, many see the current schedule as an inefficient “leaky bucket”—a term coined by Max Resnick to describe the proportion of value that leaves the system in the form of excessive validator commissions.

Second is the nominal vs. real yields argument. According to commentary from @y2kappa, issuance-driven yields merely dilute non-staking holders, without reflecting genuine fee-based demand on the network. The network’s longer-term goal is to rely on fees to compensate validators, thus eventually minimizing or eliminating inflation-based rewards.

Third, adherents to SIMD 228 believe an inflation schedule responsive to market conditions is inherently superior to a “fixed and arbitrary” rate. They argue that high issuance creates undesirable selling pressure on SOL, undermining its price and leading to capital inefficiencies.

However, there are also some arguments against SIMD228. Critics, such as @smyyguy and @calilyliu, observe that custodians and Exchange-Traded Product (ETP) issuers benefit from higher nominal yields, since they often take a commission on staking rewards without exposure to the underlying asset. From that standpoint, the current schedule distributes SOL to a wide base—which, in their view, might help boost adoption by large institutions that prefer more attractive yield figures for their products.

Another concern focuses on “unpredictable and unstable” inflation. As @calilyliu argues, reducing and dynamically altering the issuance rate at a time of rising interest from major institutions could discourage them from using SOL, especially if more “conventional” assets offer stable yields. Opponents caution that changes to tokenomics right before a potential wave of Solana ETFs might be a strategic miscalculation.

Third, a further contention comes from smaller validators, who bear SOL-denominated voting fees as a principal operating cost. Observers like @David_Grid warn that if network activity and fee revenue decrease, the new issuance curve may reduce validator profitability and shrink the validator set. While projections from @0xIchigo and @lostin suggest a modest 3.4% potential reduction under a 70% stake rate, concerns persist about overall decentralization.

If the majority of validators uphold their “yes” votes by Epoch 755, SIMD 228 will officially pass. Following that, the Solana community expects a transition period of roughly 50 epochs (roughly 100 days) to implement the new inflation schedule gradually.

At press time, SOL traded at $123.

SOL price, 1-week chart | Source: SOLUSDT on TradingView.com

Featured image from Shutterstock, chart from TradingView.com

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