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Solana Launches On-Chain Governance Mechanism, Proposals Require 15% of Total Network Stake Support Before Voting

2026-07-01 23:44
Odaily News, Solana Foundation officially announced the launch of the on-chain governance mechanism Solana Governance Proposals (SGP). Validators can now submit, support, and decide on core protocol decisions through SGP. All proposals are conducted on-chain, utilizing a stake-weighted voting mechanism verified via Merkle proofs. Any validator delegated with at least 100,000 SOL can initiate an SGP. Unlike Solana Improvement Documents, which focus on technical and protocol changes, SGP is primarily used to express ecosystem governance opinions. Proposals must obtain support from at least 15% of the total network staked SOL before entering the formal voting stage.