Solana validators approve proposal to accelerate SOL disinflation

Solana validators have approved a proposal to double the network’s annual disinflation rate, reducing future SOL issuance.According to finalized voting results, the proposal received 67% support, with 25.16% voting against and 7.84% abstaining. Overall participation reached 60.7% of eligible stake.The proposal, known as SGP-0002 or Double Disinflation, increases Solana’s annual disinflation rate from 15% to 30%, while leaving the network’s long-term inflation target of 1.5% unchanged.Under the new schedule, Solana is expected to reach its 1.5% terminal inflation rate in about 2.8 years, compared with roughly 5.7 years under the previous schedule, Solana Compass reported. The change would result in an estimated 18.9 million fewer SOL being issued over the next six years, reducing dilution for SOL holders but also lowering staking rewards for validators and delegators.SGP-0002 passed with 67% support and 60.7% participation. Source: Solana GovernanceThe vote was part of Solana’s first binding governance process, which also approved a proposed Solana Constitution while rejecting a separate proposal on resource and inclusion fees.Some of the largest participants were divided over SGP-0...