Crypto
Solana Community Votes on Token Supply, Fees, and Network Control
Solana's community is voting on three key governance proposals that will shape the network's future. The proposals, which are open for voting until August 27, address issues such as token supply, fees, and network control.
The first proposal, SGP-0001, establishes a formal constitution for the network, allowing delegators to override their validator's vote on key decisions.
The second proposal, SGP-0002, seeks to double the annual disinflation rate from 15% to 30%, which would reduce token issuance by approximately 18.9 million SOL over six years.
The third proposal, SGP-0003, introduces a dynamic resource fee system, where high-compute transactions pay proportionally for the actual load they place on validator hardware.