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Solana Opens First Stake‑Weighted Vote on Disinflation, Fee Burns and Constitution

A passing vote would instruct developers to pursue faster disinflation followed by technical work to enable a fee model that burns resource fees.

Overview

  • Solana opened on‑chain votes for SGP‑0001, SGP‑0002 and SGP‑0003 on Aug. 23 and voting runs through epoch 1023 with final tallies expected around Aug. 27.
  • SGP‑0002 would double the annual disinflation rate from 15% to 30% and linked modeling estimates about 18.9 million fewer SOL issued over six years compared with the current schedule.
  • SGP‑0003 would split the base transaction charge into a fixed inclusion fee paid to block leaders and a variable resource fee that the protocol would burn, with SIMD‑0553 proposing a 2,500‑lamport inclusion fee.
  • A successful SGP vote would be a directional mandate that sends developers to write, test and activate SIMDs rather than instantly changing protocol code, and passage requires one‑third stake participation plus two‑thirds support of participating stake.
  • The proposals cut future dilution but also lower modeled staking yields and tighten validator revenue, a trade‑off highlighted by Nasdaq‑listed Solana Company’s announced vote against SGP‑0002 because staking accounted for about 99.4% of its Q2 revenue.