
Solana co-founder Toly floats validator stake-weighted oracle to mint SOL against tokenized collateral
- —Validators would price collateral, with voting weight tied to staked SOL
- —New SOL would be minted against that collateral and resulting profits taxed
- —The idea came three days after the Alpenglow upgrade went live on Oct. 21
- —No governance vote, implementation timeline or specific collateral assets named
Why it matters: Minting SOL against collateral alters supply and concentrates pricing power among large stakers, creating a native rival to oracles like Pyth and RedStone.
Source: Crypto Briefing