Solana Stakers Face Yield Cuts Amid Proposal to Accelerate Disinflation

Solana stakers are facing yield cuts due to a proposal that would accelerate disinflation on the network, which is opposed by Solana Company, a treasury firm and validator operator. The company's financial results show that staking on its SOL produced $2.512 million of its $2.526 million in second-quarter revenue, or 99.4%. This means that predictable inflation and staking yield are crucial for institutions to model returns and adopt SOL.

The proposal, SGP-0002, would double annual disinflation from 15% to 30%, while leaving the 1.5% terminal inflation rate unchanged. The related SIMD-0550 model estimates about 18.89 million fewer SOL issued over six years under the faster schedule. Nominal staking yield would move from 5.84% to 4.34% in the first year of the faster path, followed by 3.00% and 2.25% in years two and three.

Solana Company's opposition is based on the economics described in its own financial statements, which show that staking revenue cannot serve as a direct estimate of the proposal's effect on cash or profitability. The company highlighted the same power in its announcement, saying holders could override an operator and that it disclosed its positions so delegators could act.