Solana’s first binding on-chain governance vote is closing at epoch 1024 with a divided result after a window that opened at epoch 1021 and ran longer than expected into Friday UTC because epochs follow block production. All three proposals cleared the one-third participation quorum. SGP-0001, the Solana Constitution setting future voting rules, is passing with 95.35% support against 0.22% opposed. SGP-0002, which would raise the annual disinflation rate from 15% to 30% and bring the 1.5% terminal inflation floor to around 2029 instead of 2032, is narrowly over the two-thirds bar at 68.77% support with 47.72% of eligible stake participating, potentially preventing about 18.9 million SOL from being created over six years. SGP-0003, which would replace the flat 5,000-lamport fee with a 2,500-lamport inclusion payment plus a burned compute-tied resource fee and lift daily burns from roughly 650 SOL toward 7,500–9,000 SOL (as much as about $800,000 a day at recent prices, still below ~60,000 new SOL issued daily), has 62.72% support, 20.75% abstaining, and 42.51% participation, short of two-thirds. Abstentions count toward quorum but not approval, widening the gap on the fee vote. Debate included Austin Federa’s case that apps capture ~93% of on-chain value versus ~7% for the base layer, developer concerns about higher costs for compute-heavy apps, and Solana Company (HSDT) opposing both economic measures for predictability. A passed SGP is a mandate; separate SIMDs and upgrades would still be required. The backdrop included SOL near $107, record Solana ETF inflows, ~$16 billion in Solana stablecoins, and rising network activity.