Solana Cuts Inflation Faster After Historic Governance Vote Passes

Solana validators passed SGP-0002 on August 28, approving a faster disinflation schedule after the measure received 67.001% support, narrowly clearing the 66.67% supermajority threshold, according to Solana Compass. The result commits the network to a schedule designed to reach its existing 1.5% terminal inflation rate materially sooner.

The vote approved the parameter change set out in SIMD-0550, which doubles Solana's annual disinflation rate from 15% to 30%. The proposal estimates that the revised path will result in approximately 18.9 million fewer SOL emissions over six years than the previous schedule.

SGP-0002 clears the two-thirds threshold by a narrow margin

The final margin was exceptionally tight. Support exceeded the required two-thirds threshold by 0.331 percentage points, based on the reported 67.001% result.

Participation was approximately 60.7%, with about 67% voting in favour, 25.16% against and 7.84% abstaining, CoinDesk reported. Those figures show that the proposal drew substantial opposition even as it achieved the supermajority needed to pass.

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