Solana validators vote on 3 major network reforms

Solana validators and delegators began voting on three network governance proposals on Aug. 23, covering a proposed constitution, faster SOL disinflation and a redesigned transaction fee structure.

Voting on SGP-0001, SGP-0002 and SGP-0003 will remain open until the end of epoch 1023. Solana developers expect the epoch to conclude at approximately 15:30 UTC on Thursday, Aug. 27, although blockchain epoch timing can shift.

The proposals are stake-weighted signaling votes. Approval would establish a mandate to proceed, but the inflation and fee changes would still require technical implementation before becoming active.

Solana Constitution would formalize network decisions

SGP-0001 asks validators and delegators to ratify the Solana Constitution. The document would become the canonical framework for network-level decisions and activate Solana’s on-chain governance system, known as svmgov.

The proposed system allows validators to vote using their active stake. Delegators can normally vote through their validator, but they retain the right to override that decision using their own stake account.

Under the proposed rules, participation must reach one-third of network stake. Approval requires support from two-thirds of participating stake, excluding abstentions from the approval calculation.

An SGP represents a directional decision rather than a complete technical specification. Solana Improvement Documents, or SIMDs, provide the detailed protocol changes that developers review and implement afterward.

Faster disinflation could reduce SOL issuance

SGP-0002 asks the network to support doubling Solana’s annual disinflation rate from 15% to 30%. The proposal would not immediately halve the current inflation rate. Instead, it would accelerate how quickly inflation falls toward the existing 1.5% terminal floor.

The associated SIMD-0550 estimates that the change would shorten the time required to reach the terminal rate from approximately 5.7 years to 2.8 years. It projects around 18.9 million fewer SOL in emissions over six years compared with the current schedule.

Those figures remain projections rather than confirmed supply reductions. The actual result would depend on the activation date and network conditions. The change is also consensus-sensitive because validator rewards affect capitalization and bank hashes.

The vote follows an earlier debate over Solana’s security budget. As previously reported, an 80% inflation reduction proposal failed to secure sufficient approval in March 2025 despite receiving support from 61.39% of participating stake.

Solana fee reform would expand transaction burns

SGP-0003 asks voters to endorse splitting Solana’s base transaction charge into an inclusion fee and a resource fee. The inclusion fee would go to the block leader, while the resource portion would be burned completely.

The accompanying SIMD-0553 proposes a fixed inclusion fee of 2,500 lamports per transaction. The resource fee would vary according to the computational resources requested by each transaction.

Supporters argue that resource-based pricing would make transactions requesting more network capacity pay more. Burning the resource fee would also remove SOL from circulation rather than distributing that portion to validators.

A successful vote would only authorize developers to pursue the model. It would not immediately change fees or SOL burns. Detailed implementation, testing and feature activation would follow through the SIMD process.

What happens after the three Solana votes?

Validators and delegators can vote for, against or abstain before epoch 1023 ends. Votes are weighted using active stake recorded during the governance snapshot.

If a proposal reaches quorum and the required approval threshold, its outcome becomes a network mandate. SGP-0001 would ratify the governance framework, while SGP-0002 and SGP-0003 would guide work on their related technical specifications.

SOL traded near $94.27 on Aug. 24, up approximately 1.8% over 24 hours and about 25% over seven days. The broader cryptocurrency rally contributed to the weekly move, and available market data does not establish that governance voting caused the increase.

Final vote totals will determine whether Solana proceeds with all three proposals, accepts only part of the package or leaves the existing inflation and fee structures unchanged.