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Solana fee reform fails despite majority support as 72M SOL abstain

  • Solana’s fee reform received more SOL votes for than against but failed.
  • 72M SOL abstained, with abstentions counted toward the two-thirds threshold.
  • Yakovenko can put proposals on the agenda but needs sufficient stake for approval.

Solana’s fee reform received more SOL votes in favor than against but failed because 72 million SOL abstained, and those abstentions counted toward the two-thirds approval threshold. Yakovenko can place an issue on the governance agenda, but passing it still requires enough staked voting power to meet the threshold.

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Solana fee reform fails despite majority support as 72M SOL abstain - CoinPost Terminal