Solana Validators Approve Double Disinflation Proposal Amid Staking Reward Concerns

Solana's validators have approved SGP-0002, also known as Double Disinflation. The proposal raises Solana's annual disinflation rate from 15% to 30%, while keeping the long-term inflation target unchanged at 1.5%. This means the network will reach its terminal rate in about 2.8 years instead of roughly 5.7 years under the previous schedule.

The vote involved more than 433 million SOL, with around 176.3 million voting in favor, 66.2 million against, and 20.6 million abstaining. The proposal passed slightly above the required two-thirds threshold, but large validators were divided on the issue.

Kraken initially voted against the measure but later changed its stance to support it. Meanwhile, Helius and Jupiter largely supported SGP-0002. The change is not active immediately, as validator software must first implement the double_disinflation_rate feature gate, followed by activation at an epoch boundary.