{"id":77215,"date":"2026-08-24T10:49:36","date_gmt":"2026-08-24T10:49:36","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/solana-validators-open-vote-on-constitution\/"},"modified":"2026-08-24T10:49:36","modified_gmt":"2026-08-24T10:49:36","slug":"solana-validators-open-vote-on-constitution","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/solana-validators-open-vote-on-constitution\/","title":{"rendered":"Solana Validators Open Vote on Constitution"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Solana opened onchain voting on three governance proposals on August 22, 2026, running through epoch 1023.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SIMD-0550 could cut future Solana issuance by 18.9 million tokens over six years if it passes.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Solana Company, Nasdaq-listed as HSDT, backed the constitution but voted against faster disinflation and fee changes.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Three Proposals, One Vote<\/h2>\n<p>The Solana network continued on its path of backend proactiveness this week, opening its <a href=\"https:\/\/x.com\/solana_devs\/status\/2091525961925698024\" target=\"_blank\" rel=\"noopener noreferrer\">first governance vote to validators<\/a> yesterday, bundling three Solana Governance Proposals, or SGPs. These include:<\/p>\n<ul>\n<li><strong>SGP-0001<\/strong>, a Solana Constitution that formalizes a governance framework weighting voting power by economic stake while letting underlying token holders override the validators managing their delegated SOL<\/li>\n<li><strong>SGP-0002<\/strong>, which would double the network\u2019s annual disinflation rate<\/li>\n<li><strong>SGP-0003<\/strong>, a rework of how transaction fees get burned. Voting runs until the end of epoch 1023, expected around 15:30 UTC on August 27<\/li>\n<\/ul>\n<p>The two tokenomics proposals arrive as separate technical implementations, SIMD-0550 and SIMD-0553, filed under Solana\u2019s <a href=\"https:\/\/www.helius.dev\/blog\/simd-550-solana-disinflation\" target=\"_blank\" rel=\"noopener noreferrer\">Improvement Document process<\/a> in early June. SIMD-0550 would double Solana\u2019s annual disinflation rate from 15% to 30%, pulling the network\u2019s terminal inflation rate of 1.5% roughly three years closer, while trimming projected future issuance by an <a href=\"https:\/\/solanacompass.com\/news\/simd-0550-proposes-doubling-solanas-disinflation-rate-cutting-15b-in-future-sol-emissions\" target=\"_blank\" rel=\"noopener noreferrer\">estimated 18.9 million SOL<\/a> over six years.<\/p>\n<p>SIMD-0553 replaces today\u2019s fixed 5,000-lamport transaction fee, currently split between a burn and a payout to the block leader, with a smaller 2,500-lamport inclusion fee paid entirely to leaders and a separate, usage-based resource fee that gets burned in full.<\/p>\n<p>The burn proposal\u2019s real-world impact is already showing up onchain as Solana currently burns roughly 648 SOL a day under the existing fee structure; under SIMD-0553\u2019s terminal rate, daily burns could climb to between 7,500 and 9,000 SOL, more than a tenfold jump, once network activity ramps up.<\/p>\n<h2>Solana Company Splits Its Vote<\/h2>\n<p>Not every validator is on board with these developments. Solana Company, a Nasdaq-listed SOL treasury and staking firm trading as HSDT, announced its voting positions on August 21, <a href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/08\/21\/3349201\/0\/en\/solana-company-announces-positions-and-votes-on-first-solana-governance-proposals.html\" target=\"_blank\" rel=\"noopener noreferrer\">backing SGP-0001 while opposing both SGP-0002 and SGP-0003<\/a>.<\/p>\n<p>Chairman and CEO Joseph Chee said the objection is about timing rather than the proposals\u2019 underlying goals, arguing that institutions \u201cmake decisions based on consistent, predictable structures\u201d and need economic rules they can model across several years before Solana reshuffles its issuance and fee schedule during its very first governance cycle.<\/p>\n<p>The disinflation and fee proposals needed to clear a <a href=\"https:\/\/solanacompass.com\/news\/solana-validators-push-sol-burn-and-disinflation-proposals-to-the-edge-of-the-vote-threshold\" target=\"_blank\" rel=\"noopener noreferrer\">15% staked-SOL signaling threshold<\/a> just to reach a formal vote, a bar they passed with validators Helius and Jupiter alone contributing roughly 16 million and 12.47 million SOL in support, respectively.<\/p>\n<h2>Interesting Week Ahead for Solana Believers<\/h2>\n<p>If SGP-0002 and SGP-0003 pass, the changes would move Solana further down a path already being watched by outside analysts. Bitcoin.com News reviewed Solana\u2019s tokenomics trajectory recently and found that combining slower issuance with heavier fee burns could push Solana\u2019s annual supply growth from about <a href=\"https:\/\/news.bitcoin.com\/featured\/grayscale-eth-sol-inflation-below-gold-2031\/\">3.695% today toward 1.1% by 2031<\/a>, a level that would put it below gold\u2019s roughly 1.8% annual supply growth.<\/p>\n<p>SIMD-0550 does most of that work on its own, while SIMD-0553\u2019s burn contribution stays modest relative to total issuance unless network activity, and the fees that come with it, rise substantially.<\/p>\n<p>Validators now have until roughly 15:30 UTC on August 27 to weigh in, and a rejection of SGP-0002 or SGP-0003 would not affect SGP-0001, since each proposal is being voted on independently.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/solana-governance-vote-constitution-disinflation-fee-reform\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Solana opened onchain voting on three governance proposals on August 22, 2026, running through epoch 1023. SIMD-0550 could cut future Solana issuance by 18.9 million tokens over six years if it passes. Solana Company, Nasdaq-listed as HSDT, backed the constitution but voted against faster disinflation and [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":77216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77215"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77215"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77216"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}