Solana Governance Vote Tests Pace of Token Issuance Cut

Solana has initiated an on-chain vote to double its annual disinflation rate from 15% to 30%, potentially accelerating the decline of new SOL issuance.

The proposal, SGP-0002, is linked to a June model that projected inflation rates under both schedules. According to this model, the current 15% annual disinflation rate would reduce inflation to about 3.24% after one year and reach the 1.5% floor around the first half of 2032.

However, the proposed 30% schedule would move faster, with inflation declining to roughly 2.86% after one year and reaching the same floor around early 2029. This acceleration would reduce cumulative issuance by 18.9 million SOL, equaling about 2.6% of projected supply.