📣 Creators, Exciting News!
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Solana proposes the p-token plan, optimizing trading efficiency by up to 98%.
ChainCatcher message, the Solana Foundation's latest proposal SIMD-0266 plans to launch p-token as an efficient alternative to the current SPL Token program. This optimized version can drop the computation unit usage of the Token program by up to 98% through zero allocation and zero copy data access technology, and is expected to free up about 12% of Block space for other transactions. The p-token is fully backward compatible, allowing users to replace it directly without modifying code. The newly added Batch and UnwrapLamports instructions further optimize common DeFi operational processes. Neodyme has completed the audit, confirming that p-token outputs are consistent with the existing SPL Token program. This proposal will work in conjunction with other network optimization measures, such as the 100M CU block, to collectively enhance the overall performance and transaction throughput of the Solana network.