Search results for "LIY"

Solana Foundation Chair Lily Liu visits Tako to interact with the community on the SIMD-228 proposal

The Solana community is voting on proposal SIMD-228 to reduce SOL staking inflation. The proposal aims to introduce a dynamic inflation model to balance network security and economic efficiency. It has far-reaching implications for the future development of Solana, and the community is discussing its approval. Lily Liu, Chair of the Solana Foundation, is participating in an AMA to discuss the proposal and the future of Solana.
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Solana Foundation Chairman Lily Liu: Very optimistic about PayFi, but the track has not really landed yet.

Solana Foundation Chairman Lily Liu pointed out at the Consensus HK conference that PayFi was initially planned to create a peer-to-peer electronic cash payment system, but is currently mainly used for transactions. She believes that the reason why PayFi has not been able to realize its vision for payments may be due to a lack of reform and infrastructure. Nevertheless, Lily Liu believes that PayFi has enormous potential in the economic sector, being referred to as the "whale" of the encryption industry, posing both a challenge and an opportunity.
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