Solana Opens Stake-Weighted Vote on Constitution, Faster Disinflation and Fee Burns
A successful vote would mandate developers to pursue faster disinflation alongside resource-fee burns that shrink future SOL issuance and compress staking rewards.
Overview
- Voting opened Sunday for three SGP proposals — a constitution (SGP-0001), doubled disinflation (SGP-0002) and a fee redesign (SGP-0003) — and will run through epoch 1023, expected to end on Aug. 27.
- Under svmgov rules a proposal needs at least one-third of active stake to vote and two-thirds of participating stake to approve, and delegators can override their validator’s vote.
- The disinflation proposal would double the annual disinflation rate from 15% to 30%, which linked models estimate would cut roughly 18.9 million SOL of planned issuance over six years.
- The fee redesign would split the base charge into a fixed inclusion fee paid to block leaders and a variable resource fee that would be burned, shifting some revenue away from validators.
- Passage would only give developers a directional mandate; technical SIMDs, code work, testing and a final activation epoch would still be required before any protocol change takes effect.