started · updated
Solana validators approve accelerated disinflation rate
Solana validators have narrowly approved SGP-0002, a major governance proposal known as “Double Disinflation,” which will accelerate the network’s annual disinflation rate from 15% to 30%. The measure passed with approximately 67% support, clearing the required two-thirds supermajority by a margin of only 0.33 percentage points.
The vote was decided in the final minutes after significant shifts in voting behavior. Kraken reportedly reversed its position, moving a large portion of its stake from opposition to support, while JitoSOL holders utilized an override mechanism to influence the outcome.
While the long-term terminal inflation target remains unchanged at 1.5%, the accelerated schedule is expected to reach this milestone in approximately 2.8 years, down from the previous estimate of 5.7 years. This change is projected to reduce the total SOL issuance by roughly 18.9 million tokens over the next six years. The decision presents an economic trade-off: it reduces token dilution for holders but is expected to decrease staking yields for validators and delegators.
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Solana validators approved proposal SGP-0002, known as ‘Double Disinflation’. bitcoinethereumnews.com · blockchainreporter.net · www.cryptobreaking.com
- [○ 1 SOURCE] The new policy is estimated to reduce SOL issuance by approximately 18.9 million tokens over the next six years. www.cryptobreaking.com
- [● 3 SOURCES] The SGP-0002 proposal received approximately 67% support from validators. bitcoinethereumnews.com · blockchainreporter.net · www.cryptobreaking.com
- [● 3 SOURCES] The annual disinflation rate for SOL will increase from 15% to 30%. bitcoinethereumnews.com · blockchainreporter.net · www.cryptobreaking.com
- [● 3 SOURCES] The network is expected to reach its 1.5% terminal inflation rate in approximately 2.8 years. bitcoinethereumnews.com · blockchainreporter.net · www.cryptobreaking.com
- [● 2 SOURCES] Proposal SGP-0001, which establishes a network constitution, passed. bitcoinethereumnews.com · blockchainreporter.net
- [● 3 SOURCES] Participation in the governance vote reached 60.7% of eligible stake. bitcoinethereumnews.com · blockchainreporter.net · www.cryptobreaking.com
- [● 2 SOURCES] Proposal SGP-0003, regarding transaction fee restructuring, failed to pass. bitcoinethereumnews.com · blockchainreporter.net