preferred on
Points of Focus
- SGP-0002 passed with 67% support.
- About 18.9 million fewer SOL could enter supply over six years.
- Voters rejected a larger fee burn for resource-heavy transactions.
In a landmark proposal, Solana voters agreed to slow the creation of new Solana (SOL) tokens while rejecting a second plan that would have burned more transaction fees.
The results came in from Solana’s first governance vote, SGP-0002, which closed on Aug. 28. It is called Double Disinflation, and it passed with 67% support, barely clearing the required 66.67%.
SGP-0003, the Resource and Inclusion Fee plan, received 53.9% support and failed. Voting was weighted by SOL stake, and 60.7% of eligible stake took part.
Results are in:
> SGP 0001: The Solana Constitution – ✅
> SGP 0002: Double Disinflation – ✅
> SGP 0003: Resource and Inclusion Fee – ❌ https://t.co/tAFi9rwaEa— Solana Developers (@solana_devs) August 28, 2026
“This revised version offered a compromise that avoided near-term changes while moving toward lower inflation over the longer term,” said Brian Smith, president of the Jito Foundation, to Alphawire.
Cavey Cool, lead engineer at Temporal, pointed to an earlier proposal, SIMD-0228, which failed in 2025. “The main reason it failed then was that the proposed controller mechanism was too complex,” he said. “The proposal was then simplified in SGP-002, and it now passed.”
Less inflation does not mean less SOL
Solana issues new SOL to reward validators and users who stake their coins, increasing network supply over time. The approved proposal doubles Solana’s annual disinflation rate from 15% to 30%.
Disinflation, however, doesn’t destroy tokens in circulation or cut the current inflation rate, but it does slow growth.
The proposal’s models estimate that Solana will reach that floor in about 2.8 years instead of 5.7 years. In other words, around 18.9 million fewer SOL would be issued over the next six years.
Fewer new coins could help current holders by making their SOL a larger share of the total supply. However, staking rewards would also fall. The proposal estimates yields could drop from about 5.84% today to 4.34% in the first year, 3% in the second, and 2.25% in the third.
Cool does not expect this to push smaller validators out. “Many of them are already on 0% vote commission and rely solely on block rewards for their income,” he said.
He expects the change to create more demand for block-building tools instead. “One of the reasons we built Harmonic was to make high rewards from block-building more accessible to all validators and keep the network decentralized.”
However, the change is not active yet. Another technical proposal, SIMD-0607, must be completed first. It would make sure every validator calculates rewards in exactly the same way.
4/
So when does it activate?The implementation of SIMD-0550 is a single permanent feature gate that sets the taper to 0.30.
One prerequisite is in review, then the gate can be scheduled.
— Anza (@anza_xyz) August 28, 2026
Solana rejects fees based on transaction size
The rejected fee plan experienced a different fate.
Solana currently charges the same basic fee for each transaction. Half is burned, while the other half goes to the validator processing it.
SGP-0003 would have charged more for transactions that require more work, like paying extra to ship a heavy package. The added fee would have been burned.
Smith said the plan faced pushback from major applications that would have paid more. Cool offered another explanation, pointing to the number of abstention votes. He said some voters may not have had enough time to study a second proposal on the same ballot.
Both expect another attempt. Smith said “a more gradual compromise is already in development,” while Cool believes a new proposal with more conservative settings and more time for review could pass.
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