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Solana co-founders propose a stake-weighted oracle concept, exploring pricing mechanisms for tokenized asset collateral.

Oct 25, 17:59

On October 25, Solana co-founder Anatoly Yakovenko (Toly) proposed an idea on the X platform to build a native oracle using Solana validators, with price determination weights allocated based on the amount of SOL staked by validators. This would provide pricing assessments for tokenized assets and support using those assets as collateral.

According to the proposal, profits generated by the mechanism could be taxed to increase revenue for the Solana network. If implemented in the future, this plan could serve as a native alternative to Solana's existing oracle networks.

However, the proposal is currently only at the conceptual stage and is not a formal governance proposal, with no clear implementation timeline or governance voting arrangements. The mechanism also involves supply changes due to new SOL issuance, as well as potential conflicts of interest and price manipulation risks associated with validator participation in collateral pricing.

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