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〽️NEUTRAL

Solana Vote Tests 30% Disinflation and Lower Staking Yield

The live vote exposes validator incentives: staking generated 99.4% of Solana Company's Q2 revenue, while native stakers can override a validator's default position without undelegating.

On Aug. 23, SGP-0002 had 5.27M SOL For and 547,019 SOL Against, equal to 90.6% of decisive stake. The snapshot was changing, and no ballot was attributed to Solana Company at that observation. It would double Solana's annual disinflation from 15% to 30% while keeping terminal inflation at 1.5%.

Solana Company, a Nasdaq-listed SOL treasury firm and validator operator, opposes the plan. Staking on company-held SOL generated $2.512M of its $2.526M Q2 revenue, or 99.4%. Native stakers can override a validator's default vote without undelegating.

At 68% participation, the model puts nominal SOL staking yield at 4.34% in year one versus 5.84% under the current schedule, then 3.00% and 2.25% in years two and three. An accepted proposal still needs implementation and activation, so the live tally is not an immediate change to SOL issuance.

Related tokens
$SOL

Frequently asked questions

  1. What terminal inflation rate would SGP-0002 leave unchanged?

    It would keep Solana's terminal inflation at 1.5% while doubling annual disinflation from 15% to 30%.

  2. How does SGP-0002 model SOL staking yield at 68% participation?

    The model shows 4.34% in year one, followed by 3.00% and 2.25% in years two and three, versus 5.84% under the current schedule.

  3. Why is Solana Company opposing faster disinflation?

    Staking on company-held SOL generated $2.512M of its $2.526M in Q2 revenue, or 99.4%. The company says predictable inflation and staking yield help institutions model returns and adopt SOL.

  4. Can native stakers override a validator's default vote?

    Yes. A native staker can override the validator's position before or after it votes, or when it abstains, without undelegating the stake.

  5. Would an accepted SGP-0002 vote immediately change SOL issuance?

    No. An accepted proposal still requires implementation and activation, so the live tally records stakeholder preference rather than an immediate change to SOL issuance.

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