Solana Closes First SGP Vote on Constitution, SOL Emissions and Fees
The Solana network is closing the first vote under the Solana Governance Proposals system. The three proposals address the network constitution, faster SOL disinflation and fees tied to resource usage.
Solana SGP vote closes its first decision-making round in the new Solana Governance Proposals system on August 27, 2026. The community is voting on three proposals concerning the network constitution, the pace of SOL token disinflation and fees tied to network resource consumption. According to the available schedule, voting was expected to end at approximately 15:30 UTC, at the end of epoch 1023.
However, at the time of verification, no reliable official final on-chain result for all three proposals was available. It is therefore not possible to claim that any of them was approved or rejected.
What the Solana SGP vote addresses
The first package contains proposals SGP-0001, SGP-0002 and SGP-0003. SGP-0001, titled Solana Constitution, concerns the network constitution. SGP-0002, labeled Double Disinflation, relates to the SIMD-0550 proposal for faster SOL disinflation. SGP-0003, Resource and Inclusion Fee, raises the issue of a fee model dependent on network resource usage.
SIMD-0550 contains the most specific economic parameters. The proposal calls for doubling the annual decline in SOL inflation from 15% to 30%, while the target rate of 1.5% would remain unchanged. The authors estimate that this would result in 18.9 million fewer SOL being emitted over six years. This is a model estimate stated in the proposal, not an already implemented reduction in the token supply.
A faster decline in emissions, if implemented later, would also mean lower nominal staking rewards. SGP-0003 could in turn change how fees are determined and how much SOL is burned when using the network. The specific impact would depend on the final specification and technical deployment.
The result is not an automatic protocol change
Voting in the SGP system is a decision on the network’s direction, weighted by active stake. Under the system’s rules, delegates may override their validator’s vote. However, even approval of a proposal does not by itself activate a technical change on mainnet.
After voting, the specification may be developed further, followed by an SIMD implementation proposal, client changes and only then activation. When assessing the result, it is therefore important to distinguish support for the stated direction from an actually deployed protocol change.
The rules also contain an ambiguity that should be clarified. The SGP system README states zero quorum, while the Solana Validator Governance portal FAQ refers to participation by one-third of stake. Official confirmation of the applicable thresholds may be important when interpreting each result.
Solana Company’s position
On August 21, Solana Company announced that it supports SGP-0001 but disagrees with SGP-0002 and SGP-0003. The statement confirms that differing views on the network’s economic parameters and fee model exist even within the ecosystem.
The first Solana SGP vote is important mainly as a test of a new on-chain process for questions that go beyond ordinary technical updates. It may determine the next governance and development steps, but it does not automatically change emissions, staking rewards or fees.
What to watch after voting closes
- the official final tally and status of proposals SGP-0001, SGP-0002 and SGP-0003 in Validator Governance,
- whether the applicable thresholds are met for each proposal,
- any implementation SIMDs, client updates and the mainnet activation date,
- an explanation of the discrepancy in the quorum documentation.
The discussion of SOL emissions and fees is relevant to validators, delegators and application users on the network. The Solana SGP vote itself is not investment advice, and its immediate result should not be confused with an executed change to the protocol’s economics.
Sources
- Solana Foundation – Solana Governance Proposals README – Explains the purpose of SGP, stake-weighted voting, the proposal lifecycle and the fact that implementation still follows approval.
- Solana Developer Forums – SIMD-0550 – Documents the proposed acceleration of disinflation from 15% to 30% and the model estimate of 18.9 million fewer SOL emitted over six years.
- Solana Validator Governance FAQ – Describes SGP voting, weighting by active stake, delegates’ ability to override a validator’s vote and the stated approval rules.
- Solana Company – voting positions announcement – Confirms the existence of the first three proposals and the company’s voting position on them.
- Decrypt – original prompt – Gives the voting closure schedule for August 27, 2026, and price claims that we do not currently consider independently confirmed.
Verified and updated: 08/27/2026 17:23
