The Solana governance proposal SGP-0002, "Double Disinflation," has entered the support phase. Proposed by Helius, the proposal aims to increase the annual rate of inflation reduction from 15% to 30%, accelerating the decline in inflation while keeping the initial and final inflation rates unchanged at 1.5%. If approved, Solana is expected to reach its final inflation rate in approximately 2.8 years, down from about 5.7 years, with an estimated reduction of 18.9 million SOL in issuance over the next six years.
Solana Governance Proposal SGP-0002 'Double Disinflation' Enters the Support Phase
TechFlowShare
According to TechFlow, Solana’s SGP-0002 “Double Disinflation” proposal has reached the support threshold. The plan, proposed by Helius, would double the annual inflation reduction rate to 30%, shortening the time to reach the final 1.5% inflation rate from 5.7 to 2.8 years. This adjustment would reduce the total SOL supply by approximately 18.9 million over six years. The proposal now advances to the support and resistance phase of the governance process.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.