Solana approves SGP-0002 in first binding governance vote

  • Solana approved SGP-0002 after support cleared the two-thirds threshold at 67.001%.
  • Anza says SIMD-0607 deterministic integer math must clear before SIMD-0550 can be scheduled.
  • The disinflation change activates at an epoch boundary after Agave v4.4 ships.

Solana’s SGP-0002 has been marked Accepted after clearing the two-thirds threshold at 67.001% on August 28, giving validators and stakers a mandate to double annual disinflation from 15% to 30% while leaving the 1.5% terminal inflation rate unchanged. The final tally recorded 176.29 million SOL For, 66.19 million SOL Against, and 20.63 million SOL Abstain; under Solana’s governance policy that excludes Abstain from the approval denominator, support was about 72.7% of decisive stake and cleared the written two-thirds line by roughly 14.64 million SOL. Late validator shifts by Kraken and Galaxy, plus staker overrides under the ratified SGP-0001 constitution, proved decisive near the deadline. Acceptance is not activation. Anza clarified after the vote that SIMD-0550 implements the faster 0.30 taper through a single permanent feature gate flipped at an epoch boundary, but the gate cannot be scheduled until a prerequisite lands. That step is SIMD-0607, an open pull request replacing floating-point staking reward arithmetic with deterministic integer fixed-point math so Agave and Firedancer produce bit-for-bit identical reward outputs and bank hashes. Anza said the change is in review pending sign-off from both client teams, after which it is slated to ship in Agave v4.4 before both feature gates are scheduled; no v4.4 release timeline has been given. The specification recommends activating the integer-math change before or at the same epoch boundary as the disinflation rate change. Under the approved path, the 1.5% terminal rate arrives around 2029 rather than 2032, reducing total SOL issuance by approximately 18.9 million tokens over six years. Companion ballot SGP-0001 establishing stake-weighted governance with delegator overrides passed, while SGP-0003’s resource and inclusion fee restructuring failed to clear the supermajority. In parallel market developments previously reported, U.S. Solana spot ETFs drew $138 million in net inflows over 10 days, Bitwise’s BSOL became the first Solana ETF above $1 billion in assets, and a buyer acquired $29.58 million of SOL on Binance on voting day.

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