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Annual deflation rate proposed to double to 30%, Solana's dual deflation proposal enters support phase

2026-08-04 06:08
Odaily Planet Daily News: Solana's dual deflation proposal SGP-0002 has now entered the support phase. The proposal requires 10% of active staked SOL, equivalent to 43.27 million SOL, to proceed to full governance voting. Currently, supporting votes have reached 27.19 million SOL, achieving 41.9% of the threshold. The proposal aims to increase Solana's annual deflation rate from 15% to 30%, accelerating the timeline to reach the 1.5% terminal inflation rate from approximately 5.7 years to approximately 2.8 years, while reducing SOL issuance by approximately 18.9 million tokens over six years.