ChainCatcher message, according to a report by The Wall Street Journal, Solana Treasury Company Solana Company (HSDT) has announced its voting stance on the first three Solana governance proposals: it supports SGP-0001 “Solana Constitution,” opposes SGP-0002 accelerating inflation reduction, and SGP-0003 changing transaction fees from a fixed rate to a floating one.
The company says it supports the new governance system because it allows stakers to directly participate in voting and also preserves the right to overturn votes cast by the delegated operating party, which it says is beneficial for institutional participation in network governance. Regarding the adjustments to inflation and transaction fees, the company states it is not opposing the direction, but rather believes that the current stage is still critical for institutions to enter the market, and that changes to key economic parameters could affect rule stability and predictability.
The company says it supports the new governance system because it allows stakers to directly participate in voting and also preserves the right to overturn votes cast by the delegated operating party, which it says is beneficial for institutional participation in network governance. Regarding the adjustments to inflation and transaction fees, the company states it is not opposing the direction, but rather believes that the current stage is still critical for institutions to enter the market, and that changes to key economic parameters could affect rule stability and predictability.