Solana Validators Open Voting on Governance Framework, Faster Disinflation and New Fee Split

Solana validators and delegators opened a high-stakes governance vote on Aug. 23, weighing three stake-weighted signaling proposals that could reshape on-chain governance, the network's inflation glide path and how transactions are priced. The votes—SGP0001, SGP0002 and SGP0003—run through the end of epoch 1023, which developers expect to conclude around 15:30 UTC on Thursday, Aug. 27, though epoch timing can shift. SGP0001: "The Solana Constitution" and on-chain governance SGP0001 seeks ratification of a canonical governance framework and the activation of Solana's on-chain governance system (svmgov). Validators would vote with their active stake. Delegators could either follow their validator's vote or override it directly using their stake account. For passage, participation must reach at least one-third of total network stake. Of the stake that participates, at least two-thirds must vote yes; abstentions are excluded from the approval calculation. The proposal is directional: approval mandates building the governance system, while specific protocol changes would be drafted later as Solana Improvement Documents (SIMDs). SGP0002: "Double Disinflation" SGP0002 proposes doubling Solana's annual disinflation parameter from 15% to 30%. The change would not instantly slash current inflation, but would accelerate the decline toward the 1.5% terminal rate. According to SIMD0550 modeling, the adjustment would reduce the estimated time to reach the terminal rate from about 5.7 years to 2.8 years, and could result in roughly 18.9 million fewer SOL issued over six years versus the current schedule. These are projections, with outcomes dependent on activation timing and network conditions. The proposal is also consensus-sensitive because validator rewards influence capitalization and bank hashes. The vote follows earlier debate: a proposal to cut inflation by 80% failed in March 2025, despite securing 61.39% support of participating stake. SGP0003: Resource and Inclusion Fee SGP0003 would restructure Solana's base transaction fee into two components: a fixed inclusion fee paid to block leaders, and a resource-based fee tied to actual compute usage that would be burned. SIMD0553 proposes setting the inclusion fee at 2,500 lamports per transaction, while the resource fee would scale with computational demand. Proponents argue this better aligns costs with resource consumption and reduces circulating SOL by burning the resource portion. As with the other proposals, an approving vote authorizes development of the model; technical implementation, testing and on-chain activation would proceed through the SIMD process. Voting mechanics and what happens next The measures are stake-weighted signaling votes based on active stake captured at the governance snapshot. Validators and delegators can vote yes, no or abstain until epoch 1023 closes. If a proposal reaches quorum and clears the approval threshold, it becomes a network mandate directing developers to draft the relevant SIMDs and implement the changes. Passage does not immediately alter inflation, fees or burn mechanics. Market context SOL traded around $94.27 on Aug. 24, up about 1.8% over 24 hours and roughly 25% over the prior week. The move appears consistent with the broader crypto rally; available data do not indicate the governance votes as the clear driver of the price change. Bottom line Taken together, the three SGPs could formalize Solana's governance system, accelerate disinflation and redesign transaction pricing—but only if validators and delegators meet participation and approval thresholds. Final results at the end of epoch 1023 will determine whether Solana advances the full package, adopts only some elements, or leaves its current economics and fee structure intact.