A proposal to reward Solana validators with 100% of priority transaction fees has gone live, according to a Feb. 12 X post from Solana news platform SolanaFloor. Under the previous fee distribution model, Solana validators received only 50% of the network’s priority fees, as the remaining 50% were burned. However, when SIMD-0096 was proposed in May 2024, the authors argued that it did not fully align with validator incentives and encouraged side deals. For example, if a user wanted to prioritize their transaction, they could bribe a validator with a 75% priority fee under the previous model rather than pay a 100% priority fee, where the validator received only 50%. This created an imbalance between validator incentives and the overall health and security of the network. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io