Solana co-founder: Staking is better for ecosystems than token buybacks

Solana co-founder Anatoly Yakovenko has argued that staking offers a more positive path for ecosystem growth than token buybacks. Writing on X, Yakovenko said he believes it is more rational to imitate the long-term capital accumulation structures of traditional finance. He noted that staking is the closest equivalent in the crypto industry, as it allows long-term investors to dilute the holdings of those with shorter-term outlooks. Yakovenko proposed a model where profits are designated as future claimable tokens, incentivizing users to lock up and stake their assets for a year. Under this system, the amount of tokens stakers can claim would increase as the overall asset base expands. His remarks came after the co-founders of Jupiter (JUP), a Solana-based decentralized exchange, discussed on X whether to continue their buyback program or provide incentives to existing users.