Solana Votes to Double Disinflation Rate Amid Late Validator Shifts
Solana's proposal to double its annual disinflation rate has been approved after a close vote, marking a significant shift in the network's monetary policy. The proposal, known as SGP-0002, received 176.29 million SOL in support, with 66.19 million SOL against and 20.63 million SOL abstaining.
The vote passed, but the margin depends on how one looks at it. According to Validator Info, the support was around 67% of the displayed turnout, which is about 263.12 million SOL. However, when excluding abstentions from the denominator, the support reaches around 72.7%.
The approval does not immediately change Solana's monetary schedule, but it gives validators and stakers a directional mandate to accelerate the network's path toward lower issuance. The next phase still depends on implementation through SIMD-0550, client coordination, feature gating, and eventual activation.
Interestingly, the late validator shifts played a significant role in the vote's outcome. Helius CEO Mert Mumtaz revealed that '500 calls' brought votes in during the final seconds, stating that the proposal passed by a 'literal hair.' Validators linked to Kraken and Galaxy shifted toward majority For shortly before voting closed.