Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it
- So Wall Street finally figured out staking is just a dividend with extra steps, and now Ethereum and Solana are racing to shrink the very rewards Grayscale wants to package into ETF cash distributions. Solana's SIMD-0550 doubles the disinflation rate, slicing modeled staking yield from 5.84% to 2.25% over three years — 18.9 million fewer SOL issued, which sounds great until you realize validators get squeezed and stakers need roughly 3% extra price appreciation just to break even. Meanwhile Ethereum's EIP-8363 burns a rising share of validator rewards as staking grows, hitting 100% burn once roughly half of ETH supply is staked. Both networks are pulling a move central banks rarely attempt — cutting the native