Solana treasury firm Solana Company (HSDT) has disclosed how it plans to vote on the first three Solana governance proposals, according to The Wall Street Journal, as cited by ChainCatcher. The company said it supports SGP-0001, titled “Solana Constitution,” while opposing SGP-0002, which would speed up inflation reduction, and SGP-0003, which would change transaction fees from a fixed model to a floating one.
Solana Company said its support for the proposed governance framework stems from features that would let stakers vote directly and preserve their right to override votes cast by delegated operators. In the firm’s view, that structure would make it easier for institutions to take part in network governance. On inflation and fee changes, the company said it is not against the broader direction of those proposals. Instead, it believes institutions are still at a critical stage of entering the market, and changes to core economic parameters could affect the stability and predictability of the rules.
Solana treasury firm Solana Company (HSDT) has disclosed its voting position on the first three Solana governance proposals, according to The Wall Street Journal as cited by ChainCatcher.
The company said it supports SGP-0001, “Solana Constitution.” It opposes SGP-0002, which would accelerate inflation reduction, and SGP-0003, which would shift transaction fees from a fixed model to a floating one.
Solana Company said it backs the new governance framework because it would allow stakers to vote directly while keeping the right to overturn votes cast by delegated operators. The firm said that setup would help institutional participants engage in network governance.
On the inflation and fee proposals, the company said it is not opposed to the direction itself. Its concern is that institutions are still at a key stage of entering the market, and adjustments to core economic parameters could affect rule stability and predictability.
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