Solana co-founder Toly floats a validator stake-weighted oracle to mint SOL against tokenized collateral

Anatoly Yakovenko's early-stage idea would let validators price collateral, mint new SOL against it, and tax the resulting profits Solana logo, official brand asset from solana.com/branding. Alpenglow is a Solana consensus upgrade. Solana co-founder Anatoly Yakovenko has a new idea for squeezing more revenue out of his network. It involves minting fresh SOL, backed by tokenized collateral, with Solana’s own validators acting as the price referees. Yakovenko, known across crypto as Toly, shared the concept in a post on X on October 24, 2026. He called it a validator stake-weighted oracle , which is a mouthful for a fairly intuitive pitch. Start with the oracle part. In crypto, an oracle is a service that tells a blockchain what something is worth in the outside world.

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