In brief

Solana closed its first binding on-chain governance vote, passing SGP-0002 to double the network's disinflation rate from 15% to 30%, hitting the 1.5% issuance floor by 2029 instead of 2032.

The vote came down to the wire, passing 67.0% to 66.67% required, after Kraken opposed it through the count before flipping at the last minute.

Validators also ratified SGP-0001, the Solana Constitution, with 86% support, but rejected SGP-0003, a "Resource and Inclusion Fee" that would have burned up to 14x more SOL daily.