Solana's Double Disinflation Proposal Clears Vote, Reduces Projected SOL Issuance

Solana's proposal to double its annual disinflation rate has been approved by 67% of participating SOL, clearing the required vote and paving the way for a reduction in projected SOL issuance by 18.9 million tokens over six years.

The proposal, called Double Disinflation, aims to reduce inflation twice as fast while maintaining an existing minimum rate of 1.5%. This means Solana would reach its terminal inflation rate of 1.5% in approximately 2.8 years, compared to 5.7 years under the current schedule.

The proposal was met with a quorum of 60.7%, exceeding the one-third requirement set by Solana's governance rules. However, a separate resource-fee proposal failed to reach two-thirds support, despite 61.14% participation.