Solana Community Endorses Double Disinflation Proposal with Narrow Margin

Solana's community has narrowly approved a proposal to accelerate the reduction of SOL token issuance. The measure, known as SGP-0002 or Double Disinflation, secured 67% support among participating stakes, barely clearing the two-thirds majority required for passage.

The vote concluded on Friday with 176.26 million SOL in favor, while approximately 25.16% voted against the proposal and 7.84% abstained. Overall participation reached roughly 60.7% of the eligible stake, well above the one-third quorum required.

Under Solana's current model, the network's inflation rate declines by 15% annually. SGP-0002 doubles this disinflation rate to 30%, allowing Solana to reach its long-term inflation floor in approximately 2.8 years instead of 5.7 years.