SOL News: Solana Validators Back Faster Issuance Cuts, Reject Bigger Burns

TLDR

• Solana validators are voting on proposals that could reduce future SOL supply growth and expand the network’s governance system.
• SGP-0002 has 68.77% support and would double the annual reduction in SOL issuance from 15% to 30%.
• The proposal could bring Solana’s inflation rate down to 1.5% by around 2029 instead of 2032.
• SGP-0003 would increase daily SOL burns from about 650 tokens to between 7,500 and 9,000 SOL.
• The fee burn proposal has 62.72% support, leaving it below the two-thirds approval threshold.

Solana (SOL) validators are voting on three governance proposals that could reshape how the network manages token supply and future economic rules. Two proposals focus on reducing SOL issuance and increasing token burns, while a third sets the governance framework. Current voting data shows mixed support across the measures, with one supply proposal narrowly above the required threshold.

Solana Governance Vote Tests Supply Changes

SGP-0002 proposes cutting the annual rate of SOL issuance by 30% instead of 15%. The measure currently holds 68.77% support, with 47.72% of network stake participating in the vote.

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