Solana validators approve proposal to double disinflation rate in first governance vote

Solana validators approved a proposal to double the rate at which SOL emissions decline, marking the first measure to pass through the network’s new onchain governance system and the first time validators agreed to cut issuance ^[1].

The disinflation proposal (SGP-0002) passed narrowly in a first network-wide governance vote, with one validator linked to Kraken switching its vote late, according to CoinDesk and The Defiant ^{[2] [1]}.

Voting totals reported by The Defiant and crypto.news differed slightly: The Defiant said 176.29 million SOL voted in favor and 66.19 million SOL voted against, while crypto.news reported 67% support for the inflation cut proposal ^{[1] [3]}.

Bankless News and crypto.news both linked the passed change to a lower future inflation outlook and additional projected issuance reduction over six years, while Bankless News added that a related sister fee-burn proposal failed ^{[4] [3]}.

Several outlets characterized Kraken’s last-minute vote change as influential in the outcome, with Crypto Briefing highlighting validator influence in governance and U.Today describing retail community pressure around the $1.5 billion inflation plan framing ^{[5] [6]}.