Solana Developers said voting has opened on three validator governance proposals: SGP-0001, SGP-0002, and SGP-0003. The voting period will remain open until the end of epoch 1023. According to the post, SGP-0001 would adopt a Solana Constitution and activate an on-chain governance mechanism. SGP-0002 proposes raising the deflation rate from the current -15% to -30%. SGP-0003 would overhaul the base transaction fee structure by splitting it into a fixed base inclusion fee paid to block producers and a separate resource fee, calculated based on transaction cost, that would be 100% burned. The update was shared by Solana Developers on X.
Solana Developers said voting is now open on Solana validator governance proposals SGP-0001, SGP-0002, and SGP-0003. The vote will run until the end of epoch 1023.
What the proposals cover
According to the post, SGP-0001 would adopt a Solana Constitution and activate an on-chain governance mechanism.
SGP-0002 proposes increasing the deflation rate from the current -15% to -30%.
SGP-0003 would restructure base transaction fees into two parts: a fixed base inclusion fee paid to block producers, and a separate resource fee calculated from transaction cost that would be 100% burned.
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