SOL

Solana validators approve SGP-0002, doubling the disinflation rate to 30% in the network's first binding on-chain vote

Aug 29, 2026 · SOL

Solana validators approved SGP-0002, the network's first binding on-chain governance vote, doubling the annual disinflation rate from 15% to 30%. The proposal passed with 67% support, 25.16% against and 7.84% abstaining; 60.7% of eligible stake participated. The 1.5% long-term inflation target remains unchanged. Under the faster schedule, Solana reaches that 1.5% terminal rate in roughly 2.8 years instead of about 5.7 years, implying approximately 18.9 million fewer SOL issued over six years. The same ballot approved a proposed Solana Constitution and rejected a separate resource and inclusion-fee proposal. Validator positions diverged: Figment voted entirely against, Helius and Jupiter backed the change, and Kraken swung from an initial no to more than 90% of its roughly 8.9 million SOL stake in favor by the close.

Cointelegraph; Solana Governance

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