Solana Co-Founder Proposes Funding Acquisition with Extra SOL
Solana co-founder Anatoly Yakovenko proposed minting extra SOL to fund a company acquisition, but his idea raises questions about ownership and operation of the acquired business.
The proposal would use revenue from the acquired company to buy back and burn SOL, potentially supporting SOL holders through business cash flows rather than relying solely on inflation reduction.
However, Solana's existing governance framework does not clearly identify a legal buyer for such an acquisition, leaving stakeholders with uncertainty about who would own and operate the acquired business.