Solana Inflation Cut Clears Vote with 67% Support
Validators approved a faster disinflation schedule and rejected a fee model that would have lifted daily SOL burns to as much as $800,000.
- On Friday, Solana validators approved the 'Double Disinflation' proposal, SGP-0002, with 67% support, accelerating the network's annual SOL issuance decline from 15% to 30%.
- The vote marked Solana's first network-wide governance exercise, presenting three proposals to validators regarding blockchain decision-making and token economics, including SGP-0001, which established the network's constitution.
- "After 500 calls in the past few hours, we got all the votes in the last seconds and passed the disinflation proposal by a literal hair," Helius CEO Mert Mumtaz wrote, as Kraken 2 switched its vote to support.
- While the constitution proposal passed easily, voters rejected SGP-0003, the Resource and Inclusion Fee proposal, which reached 53.9% support but fell short of the required two-thirds majority.
- US-Listed Solana ETFs have attracted roughly $1.7 billion in cumulative net inflows, while the Bitwise Solana Staking ETF recently surpassed $1 billion in assets, signaling sustained institutional demand.
28 Articles
28 Articles
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 Inflation Cut Wins 67 Percent Vote to Slow Future Issuance
TLDR: The Solana inflation cut passed with 67% support, only 0.33 percentage points above the required two-thirds supermajority. SGP-0002 doubles annual disinflation from 15% to 30%, cutting projected SOL issuance by 18.9 million tokens over six years. The approved direction keeps the 1.5% terminal inflation floor, while shortening the estimated path from 5.7 years to [...] The post Solana Inflation Cut Wins 67 Percent Vote to Slow Future Issuan…
Solana Validators Approve Faster Disinflation By Just 0.33 Points
Solana validators have narrowly approved SGP-0002, a proposal that will accelerate the network’s annual disinflation rate from 15% to 30%. The proposal cleared the required two-thirds supermajority by only 0.33 percentage points, after Kraken reversed most of its voting stake from opposition to support shortly before the deadline. The outcome changes Solana’s monetary schedule while […]
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
