Crypto
Solana Governance Proposals Yield Mixed Results
On Solana's governance day yesterday, two out of three proposals passed, marking a significant shift in the network's on-chain governance. The first proposal, 'Solana Constitution', was successful, paving the way for this new era of decentralized decision-making.
The second proposal to pass was Double Disinflation, which brings forward Solana's terminal inflation from 2032 to 2029. This change will reduce future emissions by approximately 18.9 million SOL.
However, the third proposal, Resource and Inclusion Fees, failed to gain traction. If implemented, this would have increased the SOL burn rate from around 650 to over 9,000 tokens per day.