Lookonchain APP

App Store

SOL Treasury firm HSDT: Supports the Solana Constitution, but opposes adjusting inflation and transaction fees at this time.

2026.08.21 23:16:46

SOL Treasury Company (HSDT) has announced its voting stances on the first three Solana Governance Proposals (SGPs): it supports SGP-0001, the "Solana Constitution"; opposes SGP-0002, which would double the inflation reduction rate; and rejects SGP-0003, which would shift transaction fees from fixed to variable. On-chain voting is scheduled to open on August 22. The firm stated its support for the Solana Constitution stems from the new governance framework, which allows every staker to vote directly, and holders can always override the votes of the operators they have delegated—this, it says, facilitates institutional participation in network decision-making. Regarding the other two proposals, the company emphasized it is not opposed to the policy directions themselves, but rather the timing. This is a critical phase for institutions considering entering Solana, where rule stability and predictability are top priorities for institutions. Altering core economic parameters like inflation rates and transaction fees at this juncture could further deter institutions that remain on the fence. The firm added that it will support revisiting inflation reduction once it sees sustained net capital inflows into SOL, and is open to reconsidering variable transaction fees after the ecosystem adapts.

Relevant content

Bitwise has announced the liquidation of the Bitwise Dogecoin ETF (BWOW)

Bitwise Investment Advisers, LLC announced it has decided to liquidate and shut down the Bitwise Dogecoin ETF (BWOW), with the decision taking effect September 10, 2026. The move is part of Bitwise’s ongoing product line optimization to meet evolving investor needs, the firm said. The fund’s final trading day is expected to be Wednesday, October 14, 2026, when it will trade on NYSE Arca. Shareholders may sell their holdings on the secondary market before the close of trading that day. The fund will cease operations after trading ends. On October 22, 2026, remaining shareholders will receive cash payments equal to the net asset value of their fund shares as of October 21, 2026. No action is required from shareholders during this process. Bitwise has coordinated with NYSE to ensure the fund’s orderly delisting and liquidation.

6 minutes ago

Arthur Hayes reiterates 'monetary easing' signal, adjusts threshold to MOVE index breaking above 130

Arthur Hayes wrote in a post that to truly panic Scott Bessent and trigger a sharp ramp-up in money printing, besides the 10-year U.S. Treasury yield hitting 5%, the MOVE index also needs to break through 130, mirroring the situation in late 2023 when Janet Yellen began withdrawing liquidity from the RRP (reverse repurchase facility).

6 minutes ago

SpaceX’s AI team will build a company from scratch next week, and the entire process will be live-streamed.

According to market sources, SpaceX’s AI team will build a company from scratch next week, and the entire process will be livestreamed.

6 minutes ago

Anthropic Claims Kimi Used Claude to Generate Responses: Nearly 300,000 Requests in 10 Days

Beating AI Express, Anthropic released a new AI abuse investigation report, alleging that Moonshot AI (developer of Kimi) had directly forwarded some Kimi users’ requests to Claude, then displayed Claude’s responses to those users. Anthropic said that within a 10-day window, nearly 300,000 user requests were forwarded in this manner, with the vast majority routed to its Opus model. Moonshot used 5,380 unauthorized accounts for this scheme, and the affected users believed they were still using Kimi at the time. Anthropic also alleged that Moonshot saved some user interactions and used "cross-session replay" to extract Claude’s full reasoning process for training its own models. Between May and July, over 23 million such distillation interactions took place. Some actual user requests included internal corporate code and valid credentials, which were also forwarded to Claude. Anthropic noted it was unaware if these users had been notified that their data would be sent to a third party. These claims currently stem primarily from Anthropic’s internal investigation and have not been independently verified. In response to similar distillation allegations raised earlier by three U.S. institutions, China’s Ministry of Commerce stated the claims are "unfounded and legally baseless," adding that distillation is a common practice in the industry.

6 minutes ago

The Nikkei 225 Index falls 3% intraday.

According to Bitget market data, the Nikkei 225 index fell 3.00% intraday, currently trading at 63,229.63 points. Kioxia shares dropped 6.6%, SoftBank Group declined 6.3%, and Advantest fell 6.5%.

6 minutes ago

Cognition Trains SWE-2 Using Kimi K3, Performance Nears Astra at Just 1/4 the Cost

Beating AI Express: Cognition, the parent company of coding agent Devin, has launched a new programming model, SWE-2. Built directly on Moonshot’s 2.8T-parameter Kimi K3 and further trained via reinforcement learning, SWE-2 delivers a 5-6 percentage point improvement across multiple programming benchmarks. On Cognition’s own FrontierCode 1.1 Main benchmark, SWE-2 scores 50.0%, outperforming GPT-5.6 Sol (47.5%) and Grok 4.6 (48.0%). It lags Fable 5.1 (50.9%) by just 0.9 percentage points, yet is 64% cheaper. GPT-6 Astra scores 53.3%; SWE-2 trails by 3.3 percentage points while costing roughly a quarter of Astra’s price. SWE-2 also brings major efficiency gains over its predecessor: under medium inference intensity, it cuts interaction rounds for task completion by 58% and reduces average costs by 81%. However, on the more challenging Terminal-Bench 4, SWE-2 only scores 27.3%, notably lower than Astra’s 57.9% and Fable 5.1’s 55.8%, indicating it has not yet fully matched leading models. SWE-2 is now live on Devin Desktop and CLI, and is being rolled out to Devin Web and Fusion.

6 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano