Solana Governance Vote Puts $1.8B Token Cut in Stakers' Hands

Solana has opened an on-chain vote to double its annual disinflation rate from 15% to 30%, accelerating how quickly new SOL issuance declines without changing the network's 1.5% inflation floor.

The proposal, SGP-0002, was authored by Lostin and 0xIchigo of Helius and is linked to SIMD-0550. If approved, it could cut projected six-year SOL supply by 18.9M tokens, equal to about $1.81B at $95.70.

The accelerated disinflation rate would bring Solana to its 1.5% inflation floor in 2029 instead of around 2032 and reduce cumulative issuance. The model projects total supply of 708.54 million SOL after six years, versus 727.43 million under the current schedule.