Solana Validators Speed Up Disinflation Rate, Aim for Faster Convergence

Solana validators have approved a major change to the network's token supply schedule by voting to double the protocol's annual disinflation rate. The decision aims to slow future SOL issuance while preserving Solana's long-term inflation endpoint.

According to the finalized results posted on Solana's governance portal, the proposal, SGP-0002, also called 'Double Disinflation', received 67% support, with 25.16% voting against and 7.84% abstaining. Participation reached 60.7% of eligible stake.

The revised schedule is expected to bring Solana to the 1.5% terminal inflation level in about 2.8 years, compared with an estimated roughly 5.7 years under the previous disinflation pace. This means that SOL holders may experience less dilution over time, but staking rewards for delegators and validators may also decline.

Some large participants were split on the proposal, with Figment voting entirely against it while Helius and Jupiter backed the measure overwhelmingly. Kraken's position shifted during the vote, initially opposing SGP-0002 before eventually supporting it.