Solana Inflation Cut Clears Vote with 67% Support
Validators approved a faster SOL disinflation schedule with 67% support, while a fee-change proposal failed to reach the two-thirds threshold.
- Solana validators approved the SGP-0002 'Double Disinflation' proposal on Friday, passing with 67% support and barely clearing the required two-thirds threshold to reduce future SOL issuance.
- The approved measure increases the annual disinflation rate from 15% to 30%, reducing projected SOL issuance by 18.9 million tokens over six years and slowing supply growth.
- Voting concluded dramatically after Kraken 2, representing about 2% of stake, switched from against to for, with Helius CEO Mert Mumtaz noting it passed "by a literal hair."
- Voters rejected SGP-0003, the Resource and Inclusion Fee proposal, after it received about 54% support, falling nearly 13 percentage points below the required two-thirds threshold.
- Solana Company, the Nasdaq-listed firm trading as HSDT, opposed the economic changes citing institutional needs for predictable structures, while SGP-0001 establishing governance rules passed with 95.35% support.
25 Articles
25 Articles
Solana Governance Approves Faster Reduction in SOL Issuance
Solana’s first binding governance vote approved changes to its token supply schedule after Kraken reversed its initial opposition to the proposal.
Solana inflation cut clears vote with 67% support
Solana’s proposal to double its annual disinflation rate has cleared a governance vote with 67% support, placing the network on course to reduce projected SOL issuance by 18.9 million tokens over six years. Solana inflation proposal narrowly clears required vote…
Solana’s faster disinflation plan leads vote as $800K burn proposal trails
Solana Validators Pass Proposal to Speed Up SOL Disinflation
Solana validators have approved a change to the network’s token supply schedule that accelerates how quickly inflation is reduced. In finalized governance results, the “Double Disinflation” proposal (SGP-0002) won 67% support, with 25.16% voting against and 7.84% abstaining, based on the participation of 60.7% of eligible stake. The decision increases Solana’s annual disinflation rate from [...]
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