Bitcoin.com News 3d ago
Solana Passes Governance Proposal to Double Network Disinflation Rate
Solana validators have approved SGP-0002, accelerating the network's annual disinflation rate from 15% to 30%.
Solana validators narrowly passed governance proposal SGP-0002 following an intense last-minute lobbying effort led by Helius CEO Mert Mumtaz. The approved measure doubles the blockchain's disinflation rate from 15% to 30% annually.
The proposal aims to lower long-term token issuance and curb inflation more rapidly than originally scheduled. The vote reached the required threshold after several prominent node operators adjusted their positions shortly before the deadline.
Accelerating disinflation reduces future SOL issuance, potentially easing structural supply dilution over time and tightening long-term tokenomics.
Key takeaways
- Solana validators approved SGP-0002 to accelerate the disinflation schedule.
- The annual disinflation rate increases from 15% to 30%.
- The measure aims to reduce overall token emission rates over the long term.