Solana just wrapped its first binding governance vote, and the big one passed by a razor-thin margin.
SGP-0002 “Double Disinflation” cleared 67% support, barely above the two-thirds threshold. The network will double its annual disinflation rate from 15% to 30%, hitting the 1.5% long-term inflation target by 2029 instead of 2032 and cutting roughly 18.9M SOL from issuance over six years.
Drama of the day: Kraken voted against mid-count and nearly sank it before flipping at the last minute.
Less dilution for holders, lower staking rewards for validators. Not everyone’s happy, but the vote is done.