Solana validators just passed SGP-0002 with 67% support—barely clearing the 66.67% threshold.
The move doubles $SOL's annual disinflation rate from 15% to 30%, hitting the 1.5% inflation floor in 2029 instead of 2032.
What this means:
• ~18.9M fewer $SOL issued over 6 years
• Staking yields dropping from 5.25% to ~2.25% within 3 years
• Supply squeeze accelerates
Kraken flipped from opposing to withdrawing. Galaxy moved from abstain to yes.
Meanwhile, SGP-0003 (the burn proposal tied to compute usage) failed to pass—and $SOL dumped 3.83% same day.
First real governance test for Solana. Supply dynamics just got interesting.
The move doubles $SOL's annual disinflation rate from 15% to 30%, hitting the 1.5% inflation floor in 2029 instead of 2032.
What this means:
• ~18.9M fewer $SOL issued over 6 years
• Staking yields dropping from 5.25% to ~2.25% within 3 years
• Supply squeeze accelerates
Kraken flipped from opposing to withdrawing. Galaxy moved from abstain to yes.
Meanwhile, SGP-0003 (the burn proposal tied to compute usage) failed to pass—and $SOL dumped 3.83% same day.
First real governance test for Solana. Supply dynamics just got interesting.