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Yakovenko’s Solana acquisition idea raises ownership questions
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Yakovenko’s Solana acquisition idea raises ownership questions

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  • Solana co-founder Anatoly Yakovenko proposed minting extra SOL to fund a company acquisition.
  • He suggested using the acquired company’s revenue to buy and burn SOL.
  • The proposal leaves unanswered who would legally own and operate the acquired business.

Solana co-founder Anatoly Yakovenko proposed minting extra Solana (CRYPTO:SOL) to fund a company acquisition.

He suggested using revenue from the acquired company to buy back and burn SOL.

Yakovenko said the model could support SOL holders through business cash flows rather than lower inflation alone.

However, Solana’s existing governance framework does not identify a legal buyer for such an acquisition.

The framework could allow stakeholders to approve a general direction through validator and delegator voting.

A formal implementation would still require technical proposals, software changes and activation through Solana’s governance process.

As of August 18, CryptoSlate found no acquisition proposal in the reviewed official governance directories.

At the time of reporting, Solana price was $76.91.

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