Kraken Reverses Vote as Solana Inflation Proposal Passes by 0.334 Points
Solana’s first network-wide governance vote ended in a razor-thin win for SGP-0002, a proposal to speed up the chain’s disinflation schedule. The measure passed at the end of epoch 1024 with 67.001% support, just 0.334 percentage points above the two-thirds threshold. The outcome turned in the final stretch after Kraken-linked validator Kraken 2 switched back to supporting the measure, Galaxy Digital moved from abstain to yes, and JitoSOL holders used Solana’s staker sovereignty mechanism to override validators and cast votes with their own stake weight. The proposal would double Solana’s annual disinflation rate from 15% to 30%, bringing the network’s 1.5% terminal inflation target forward by roughly three years, to around 2029 instead of 2032. Over six years, that would reduce planned issuance by about 18.9 million SOL, or roughly 2.6% of the current supply, valued in the source article at about $2 billion at current prices. Even so, the change still requires separate implementation through SIMD-0550, which remained under review at publication, meaning the governance result is a mandate rather than a self-executing protocol change.








