Solana validators and delegators began voting on Aug. 23 on three stake-weighted governance proposals that could reshape the network’s constitution, SOL issuance schedule and transaction fee model. Voting remains open until the end of epoch 1023, which developers expect to conclude at approximately 15:30 UTC on Thursday, Aug. 27.
SGP-0001 asks the network to ratify the Solana Constitution, the canonical framework for network-level decisions and activation of the onchain governance system known as svmgov. Under the proposal, validators vote with active stake, while delegators can override their validator’s default position using their own stake account. Participation must reach one-third of network stake, and approval requires support from two-thirds of participating stake, excluding abstentions.
SGP-0002 would double Solana’s annual disinflation rate from 15% to 30%, while preserving the terminal inflation floor of 1.5%. The related SIMD-0550 estimates the change would cut the time to reach the terminal rate from roughly 5.7 years to 2.8 years and reduce planned emissions by about 18.9 million SOL over six years. These figures are projections tied to activation date and network conditions.
SGP-0003 proposes splitting Solana’s base transaction fee into a fixed inclusion fee paid to the block leader and a dynamic resource fee that is burned entirely. SIMD-0553 suggests a 2,500-lamport inclusion fee, with resource fees scaled to requested compute, memory and state. Supporters argue heavy transactions will pay for actual network load while burns remove SOL from circulation.
Approval would create a directional mandate for developers, but changes would still require technical implementation, testing and feature activation through Solana Improvement Documents. The votes follow an earlier failed 80% inflation reduction proposal in March 2025. SOL traded near $94.27 on Aug. 24, up about 1.8% over 24 hours and 25% over seven days, though available market data does not establish governance voting as the cause of the move.
