- Solana governance voting covers constitutional rules, faster disinflation and a new transaction fee structure for network validators.
- SGP-0002 proposes raising disinflation from 15% to 30%, changing the pace of future SOL issuance across the network.
- SGP-0003 would split transaction fees while burning resource fees, linking network usage more closely with SOL supply dynamics.
Solana governance voting is now live across three proposals covering constitutional rules, token issuance, transaction fees and the network’s future operating framework, with validators deciding the proposed changes.
Three proposals enter the active voting process
A post from Wu Blockchain reported that voting is now live. The proposals cover governance rules, disinflation and transaction fee restructuring. Voting will continue until the end of epoch 1023.
The Solana Developers account also confirmed the three proposals are active. SGP-0001 concerns the Solana Constitution and future governance procedures. SGP-0002 and SGP-0003 address monetary and transaction economics.
SGP-0001 would establish a formal framework for Solana’s governance process. That framework could guide how future network changes are proposed. It also sets rules for making protocol decisions through governance.
The deadline for voting is set to be at 15:30 UTC Thursday. Validators can participate during the stated voting period. The final outcome will depend on validator voting and participation.
Disinflation proposal targets future SOL issuance
SGP-0002 proposes increasing Solana’s disinflation rate from 15% to 30%. The change would accelerate reductions in SOL issuance over time. It therefore focuses directly on the network’s monetary policy.
A faster disinflation schedule would alter the pace of new SOL entering circulation. That change also relates to the economics surrounding network staking. Validators and delegators could therefore see different issuance conditions over future periods.
SOL as of writing trades around $94.65, according to CoinGecko’s latest available market data. The token has gained about 25.7% over seven days. Its current market capitalization stands near $55.2 billion.
The proposal does not replace Solana’s broader monetary framework. Instead, it changes how quickly the disinflation schedule progresses. Validators must therefore weigh the proposed issuance change against the network’s existing economics.
Fee reform connects network activity with token supply
SGP-0003 proposes dividing transaction costs into two separate components. One component would serve as a base inclusion fee for processing transactions. The other would represent resource usage across the network.
Under the proposal, the resource fee would be burned completely. That creates a direct link between network activity and SOL supply. Higher resource consumption could therefore generate greater fee burning during periods of demand.
The structure also separates validator compensation from the burn mechanism. Validators would receive the inclusion component under the proposed framework. Resource fees would instead affect supply through permanent token removal.
Together, the three proposals cover governance, issuance and transaction economics. SGP-0001 addresses decision-making rules for future network development. SGP-0002 and SGP-0003 focus on how Solana’s economics could evolve.
The current vote therefore represents more than a single protocol adjustment. It places several core network policies before Solana’s validator community simultaneously. The results will determine whether these proposed changes move forward under the governance process.
