Solana’s dual-deflation proposal, SGP-0002, has reached the quorum threshold, according to Odaily. Current voter participation stands at 47.26%, with 68.56% of votes cast in favor, and roughly 13 hours remaining before the vote closes. The proposal seeks to raise Solana’s annual deflation rate from 15% to 30%. If adopted, the time needed to reach the network’s terminal inflation rate of 1.5% would be shortened from about 5.7 years to about 2.8 years. The proposal also estimates that new SOL issuance could be reduced by about 18.9 million tokens over the next six years. The update reflects the latest vote count and participation level at the time of publication.
Solana’s dual-deflation proposal, SGP-0002, has reached the quorum threshold, according to Odaily.
Voter participation is currently 47.26%, with 68.56% of ballots cast in favor. About 13 hours remained before voting was set to end.
The proposal would increase Solana’s annual deflation rate from 15% to 30%. If approved, the time required to reach the network’s 1.5% terminal inflation rate would be cut from about 5.7 years to about 2.8 years. It is also expected to reduce new SOL issuance by about 18.9 million tokens over the next six years.
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