# Solana Starts a Five-Step Cut That Would Reduce Account Deposits by 90%

The first gate took the storage constant down 9% on mainnet on 3 September, and the remaining steps wait for a client release expected in November.

- Published: 2026-09-06T06:01:25.324Z
- Canonical: https://polylog.news/crypto/2026-09-06/solana-starts-a-five-step-cut-that-would-reduce-account-depo
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/solanas-plan-to-cut-account-deposits-by-90-could-weaken-a-reason-to-hold-sol/), [Solana Compass](https://solanacompass.com/news/simd-0437-step-1-goes-live-on-solana-mainnet-beginning-a-five-phase-rent-reduction)

Solana has begun reducing the deposit that users lock up to keep an account alive on the network. Under the proposal known as SIMD-0437, the constant that sets the deposit per byte falls from 6,960 to 696, a 90% reduction delivered through…

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