Solana Whales Trigger Countdown for Supply Reform Proposals

Solana's supply reform proposals are moving forward, with both having cleared the 15% stake threshold. The SGP-0002 proposal would double annual disinflation from 15% to 30%, targeting a 1.5% terminal rate and reducing issuance. This change could cut nearly three years off the current path to reaching 1.5% inflation, from 5.7 years to 2.8 years.

The SGP-0003 proposal would burn resource fees in full, replacing the existing fee split with a usage-based resource fee and an inclusion fee paid entirely to the block leader. At the terminal rate, efficient transactions could cost less, while resource-heavy ones could pay more, shifting the fee burden onto computing resources.

Helius CEO Mert Mumtaz called this milestone 'the first step on the road to discussion and a final on-chain vote.' Discussion ends on August 22 before separate votes and any implementation. The proposals would change the economics of the Solana network, impacting staking yields, validator pressure, and issuance.