Solana Votes to Reduce Inflation Rate and Emissions
Solana's governance vote has cleared the proposal to double its annual disinflation rate, allowing the network to reduce projected SOL issuance by 18.9 million tokens over six years.
The Double Disinflation proposal, SGP-0002, received 67% support from participating SOL, narrowly exceeding the two-thirds requirement and comfortably meeting the one-third quorum of 60.7% participation.
This decision means Solana's inflation rate will decline twice as fast but retain its existing minimum rate of 1.5%. The faster disinflation schedule is expected to remove 2.6% of the supply from projected issuance over six years, with the network reaching its terminal inflation rate in approximately 2.8 years.
A separate resource-fee proposal, SGP-0003, failed after receiving 53.9% support, falling short of the required two-thirds threshold by almost 13 percentage points.